FixNix way of nixing Enterprise Risk & Compliance Pandemonium

Problem Statement: Crane Bank was acquired by Bank of Uganda (Central Bank). What were the primary reasons behind the same? Does it mean that the country’s central bank may impose stringent guidelines and framework for other banks to follow? If other banks don’t follow the norms, what are the likely chances of more such banks getting acquired or closed? Answer: Reasons for Crane Bank’s acquisition:                            High NPL (Non-Performing Loans) NPLs…

Choose the GRC-road to success:

Well, there is a saying, “where there is quality, there’s compliance”. Competition breeds regulations, which is when compliance becomes a burden. Walk into your office and ask your leadership committee these questions: “Are we compliant?” “Are we staying within the guidelines as mentioned by the government?” Go on… count the number of poker faces you see, that’s how risky your business is! Just because you are not breaking the law,…

Thanks India…

Even developed countries like USA have not tried this. Taking a hard step to nix the black money. There are n number of compliance policies around this Anti Money Laundering(AML) leading to Black Money. Every regulator trying their best to put their banks under tight ship to achieve it. But the place where they fail is the citizen adoption. The Exec Secy. of AML- CTF(Anti Money Laundering- Counter Terrorism Financing)…

FixNix FreshGRC Redefines “Compliance On The Go”

FixNix has unveiled the world’s first Cloud based Governance, Risk and Compliance management platform with its latest, major release of FreshGRC. Armed with an award winning GRC platform, this latest cloud based product comes with Audit, Risk Policy, Incident, Whistle Blower reporting, Vendor Management and Business Continuity Management modules. The revamped UI also boasts a multi-channel Dashboard and Email Integrations to ease CXO’s activities. “The current situation demands that every…

Dear Canara Bank

Hope you may be busy in working with regulators and payment card processors. Your name didn’t feature in the recent reports as like many of the banks who are working silently. Our Technology team was reported by a Information Security Professional with this data of 84,000 account holders of your bank. It has data from Jammu, Kashmir, Kolkatta, Chennai, Vellore, Trichy to Tirunelveli. Sending it to your Information Security team,…

Rewriting the Smartphone Keyboard at Age 28

Ever feel like you’re all thumbs when typing on a smartphone? Jon Reynolds can lend a hand. The 28-year-old’s London-based startup, SwiftKey, eliminates the clumsiness and frustration of inputting text into smart devices by replacing the stock on-screen keyboard with an artificial-intelligence-driven alternative that analyzes typing and language patterns to accurately forecast which words users will enter next. Introduced for Google’s Android mobile operating system in 2010, SwiftKey Keyboard leverages…

Did we poach Jay Vijayan from Tesla ?

Original Print Article Corrigendum (Thanks Bharani Vaith & Editorial for issuing this to straighten things) Corrections: Correction 1: We have not poached Jay Vijayan from Tesla 🙂 There’re couple of references on that note, in print edition as “CIO of FixNix” 29-March-2016 Economic Times. Have intimated the correspondent for correction in web version and correction note tomorrow in print. Correction 2: After Tamil Entrepreneurs forum, Jay Vijayan has met us…

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FixNix is part of Cyber Security Task Force

FixNix Success Story in 1 min for featuring in Startup India Standup India National Association of Software and Services Companies (NASSCOM) and Data Security Council of India today announced the launch of the NASSCOM Cyber Security Task Force that aims to build India as a global hub for providing cyber security solutions, developing cyber security R&D plan and develop a skilled workforce of cyber security experts. https://pbs.twimg.com/media/CHJL3nXUYAA7pGc.jpg The taskforce members…