Industry — Financial Services

Technology Built
for Regulated
Financial Markets.

Indian and international financial institutions operate at the intersection of intense regulatory scrutiny, accelerating digital competition, and fraud environments that grow more sophisticated every quarter. We bring the technical depth and regulatory fluency to navigate all three — simultaneously.

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Industry Focus

Financial Services

40%Fraud reduction achieved through GNN-based detection across financial transaction datasets
RBI + SEBIDeep expertise in India's financial regulatory landscape — not learned on your engagement
72 hrsBreach notification window under DPDPA 2023 — we help you build the capability to meet it
84+Regulatory controls mapped across RBI, ISO 27001, SEBI CSCRF, and DPDPA in our control library
RBI IT RiskSEBI CSCRFDPDPA 2023 PCI DSSISO 27001Fraud DetectionCore Banking
01 — Industry Context

The Environment You
Are Operating In

Indian financial services is undergoing simultaneous regulatory tightening and digital disruption — a combination that punishes organisations that treat the two as separate problems. The RBI's Master Direction on IT, SEBI's Cyber Security and Cyber Resilience Framework, and the Digital Personal Data Protection Act 2023 have created a regulatory stack that is both specific in its technical requirements and aggressive in its enforcement timelines.

At the same time, the competitive landscape has been reshaped by UPI, account aggregators, and the neo-banking models that legacy institutions are trying to respond to. The institutions that are winning are those that have modernised their technology foundations — not those that have added digital interfaces on top of brittle core systems that cannot support the speed, volume, or data architecture that modern financial services require.

Fraud environments have grown correspondingly more complex. Account takeover, synthetic identity fraud, and payment fraud have scaled with digital transaction volumes — and the rule-based detection systems that were adequate five years ago are no longer sufficient against adversaries who systematically probe for and exploit pattern gaps. Graph Neural Network-based detection — which models transaction relationships rather than individual transaction attributes — is now the frontier standard, and we have deployed it in production at scale.

We work with commercial banks, NBFCs, payment institutions, stock brokers, mutual funds, insurance companies, and FinTech platforms — across the full spectrum from regulatory compliance remediation to core system modernisation and AI-driven risk intelligence.

The challenges we hear most
  • ⚖️

    Regulatory Overload

    RBI, SEBI, IRDAI, DPDPA, ISO 27001, PCI DSS — each with specific, overlapping, and sometimes conflicting technical requirements that internal teams struggle to map, track, and evidence simultaneously.

  • 🏗️

    Core Banking Technical Debt

    Legacy core banking systems that are too fragile to modify quickly, too integrated to replace easily, and too expensive to run as new digital channels demand real-time data and API-first architecture.

  • 🎭

    Fraud Outpacing Detection

    Transaction fraud volumes rising faster than rule-based detection systems can adapt — leading to either increasing fraud losses or increasing false positive rates that damage customer experience.

  • ☁️

    Cloud Under Regulatory Constraint

    Wanting the speed and economics of cloud adoption while navigating RBI's cloud outsourcing guidelines, data localisation requirements, and audit expectations around third-party infrastructure.

  • 🔒

    Cybersecurity Maturity Gaps

    SEBI CSCRF and RBI cybersecurity assessments identifying maturity gaps that internal teams do not have the capacity to close — particularly in SOC capability, IAM, and third-party risk management.

  • 📊

    Data Siloed Across Business Lines

    Customer, transaction, risk, and compliance data held in incompatible systems with no unified view — preventing the customer intelligence, risk analytics, and regulatory reporting that the business needs.

02 — How We Help

Services Mapped to
Your Actual Problems

We do not offer a generic service catalogue and ask you to figure out which applies to you. Here is exactly how our capabilities address the challenges financial services organisations face.

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Regulatory Overload

Compliance & Risk Advisory

A unified regulatory control library mapped across RBI IT Risk, SEBI CSCRF, ISO 27001:2022, and DPDPA 2023 — so you implement controls once and evidence them across multiple frameworks simultaneously. No duplication, no gaps, no surprises at audit time.

Compliance & Risk Advisory →
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Fraud Outpacing Detection

AI-Powered Fraud Detection

Graph Neural Network models that analyse transaction relationship networks rather than individual transaction attributes — detecting synthetic identity fraud, account takeover rings, and payment fraud patterns that rule-based systems miss. Proven in production at scale.

AI & ML Advisory →
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Core Banking Technical Debt

Digital Transformation

Structured core banking modernisation — strangler-fig decomposition of monolithic systems, API layer implementation, and migration to modern, cloud-native platforms without the big-bang replacement risk that destroys balance sheet and customer trust simultaneously.

Digital Transformation →
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Cybersecurity Maturity Gaps

Cybersecurity Consulting

SEBI CSCRF and RBI-aligned security programme design — SOC buildout, IAM implementation, penetration testing, and third-party risk management. Maturity uplift delivered against your specific regulatory baseline, not a generic security framework.

Cybersecurity Consulting →
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Cloud Under Regulatory Constraint

Cloud Consulting

RBI-compliant cloud architecture — data localisation controls, third-party outsourcing framework, audit log design, and operational resilience architecture that satisfies both cloud economics and regulatory examiners. Cloud that passes the audit, not just the performance test.

Cloud Consulting →
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Data Siloed Across Business Lines

Analytics & BI

Unified financial data platform — customer 360, transaction analytics, risk and compliance reporting automation, and regulatory submission pipelines built on a single governed data architecture. One source of truth across all business lines and regulators.

Data Analytics →
03 — Regulatory Landscape

The Frameworks
We Work Within

We are fluent in the specific requirements of every major framework governing Indian and international financial institutions — not at the summary level, but at the control specification level.

RBI

RBI Master Direction on IT

Reserve Bank of India

Governs IT governance, IS audit, cyber security, and outsourcing for scheduled commercial banks, UCBs, and NBFCs. Updated Master Directions on IT Risk and Cybersecurity Framework require documented controls, annual IS audits, and board-level IT oversight.

BanksNBFCsUCBsPayment Cos
SEBI CSCRF

Cyber Security & Cyber Resilience Framework

Securities and Exchange Board of India

Mandatory cybersecurity framework for stock exchanges, depositories, clearing corporations, and market intermediaries. Requires SOC, vulnerability management, incident response, and annual CSCRF audits by CERT-In empanelled auditors.

Stock BrokersExchangesDepositoriesMFs
DPDPA

Digital Personal Data Protection Act 2023

Ministry of Electronics and IT

India's first comprehensive data protection law. Financial institutions as Data Fiduciaries must implement consent management, data minimisation, breach notification (within 72 hours), and data principal rights — with significant penalties for non-compliance.

All Financial EntitiesFinTechsInsurTech
PCI DSS

Payment Card Industry Data Security Standard

PCI Security Standards Council

Mandatory for any entity that stores, processes, or transmits cardholder data. PCI DSS v4.0 introduced customised implementation options and expanded requirements for e-commerce and digital payment environments.

Payment ProcessorsMerchantsAcquirers
ISO 27001

ISO/IEC 27001:2022 — ISMS

International Organization for Standardization

Internationally recognised information security management standard. Increasingly required for financial institutions operating internationally or onboarding large enterprise clients. The 2022 update added cloud security and threat intelligence controls.

All EntitiesInternational OpsB2B FinTech
IRDAI

IRDAI IT & Cybersecurity Guidelines

Insurance Regulatory and Development Authority

Cybersecurity and IT governance guidelines for insurers — covering data protection, business continuity, IS audit requirements, and the accelerating digital distribution and insurtech partnership guidelines under IRDAI's Bima Trinity initiative.

Life InsuranceGeneral InsuranceHealth Insurance
04 — Proof Points

Outcomes in Financial
Services Contexts

Selected results from our work in financial services and analogous regulated environments — where the stakes of getting it wrong are measured in regulatory penalties and customer trust, not just project budgets.

40% Reduction in fraud detection across financial transaction datasets using GNN-based relationship modelling Deployed across multi-site payment and procurement operations
84 Regulatory controls mapped across RBI, ISO 27001:2022, SEBI CSCRF, and DPDPA in a single unified control workbook PolicyPulse compliance automation platform — built for Indian mid-market financial services
6–9 mo ISO 27001:2022 certification timeline from engagement kickoff to certification audit for financial services clients Including Annex A control implementation and IS audit readiness
98% Audit pass rate on regulatory and IS audits for clients with our ISMS and compliance programme implementations Across RBI IT audits, SEBI CSCRF reviews, and ISO 27001 surveillance audits
05 — Most Relevant Services

Where to Start

Most financial services engagements begin with one of these three — depending on whether your most pressing need is regulatory, operational, or competitive.

Ready to Talk to Someone
Who Knows Your
Regulatory World?

Book a conversation with our financial services practice lead — someone who has built compliance frameworks under RBI and SEBI scrutiny, deployed fraud detection in production, and understands the specific constraints that make financial services technology different from every other sector.