Banking Industry GRC Solution


The financial sector has witnessed a steep rise in the GRC requirements which are driving banks and other organisations of the BFSI sector to focus on the compliance procedures followed by them. Incidences of non-compliance being reported in the financial sector are increasing, risking the very existence of organizations. The survival of a number of organizations in this sector is at stake due to an increase in the number of incidences of non-compliance in the financial sector. Many such organizations still follow traditional paper based method of GRC management which increase the cost of compliance and pose a burden on profitability. Essentially, such organizations need an integrated platform wherein all the compliances are brought together to ensure they are catered to on timely basis to avoid losses arising out of penalties, fines and prosecution. Moreover, they have additional responsibilities of ensuring data privacy and security of their stakeholders.

VComply is a distinct tool which enables an financial institutions like banks to fuse all the compliance formalities on one single integrated platform which is specially designed to foster a hassle free environment. It is flexible and user friendly to use and makes the complex structures of various compliances look simple and easy to remember. It has a healthy balance of technology and relevant content thus ensuring reduction in volatility arising due to non-compliance. VComply provides a comprehensive Compliance Library filled with relevant regulations, standards and internal controls and also a CAL repository to store all the Contracts, Agreements and Licenses on a secure cloud based platform which can be accessed from anywhere at anytime. It thus helps a bank to simplify its procedures and reduce documentation thus ensuring a robust compliance mechanism.

Managing compliance has never been easier!

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United States of America


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United Kingdom

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