FixNix Organizational Update

Prof.Subra could not dedicate his time with FixNix for capital raising, board assembling, and further activities, he has decided to focus on research and work actively on few projects at Stanford. He has been our Executive Chairman for more than two years, and now he has been relieved from all the roles & responsibilities pertained to FixNix Inc.      

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…