BFSI Solutions - casgaglobal.com

Banking, Financial Services, and Insurance (BFSI)

The BFSI sector encompasses companies offering a wide range of financial products and services, including core banking, retail, private, corporate, and investment advisory services. With India’s economic expansion and growing financial awareness, this sector presents immense opportunities for growth, particularly in niche areas.

At Shyam Goel & Associates, we are well-positioned to support the BFSI sector with comprehensive solutions that address the unique challenges of this dynamic industry. Combining industry experience with a deep understanding of regulatory frameworks, we help financial institutions navigate complexities and seize growth opportunities.

RBI Security Mandates

SGA, a trusted CA firm, specializes in RBI audits for businesses in the BFSI sector, ensuring compliance with regulatory mandates and operational security.

Key Services:

RBI Information Security Audit – IT security compliance
RBI NBFC Audit – Regulatory checks for NBFCs
RBI Account Aggregator Audit – Data-sharing platform compliance
RBI Prepaid Payment Instruments Audit – Compliance for digital wallets
RBI Payment & Settlement Systems Audit – Secure payment operations
RBI P2P Lending Audit – Risk and compliance checks
RBI Co-Operative Bank IS Audit – IT security for banks
RBI Payment Aggregators & Gateway Audit – Secure payment processing
RBI Data Localization Audit – Financial data storage compliance

With SGA’s expertise, businesses ensure smooth, secure, and RBI-compliant operations.

SEBI System Audits

Compliance with SEBI regulations is essential for financial institutions. SGA, a trusted CA firm, ensures businesses meet regulatory standards while strengthening IT security.

Our services include:

SEBI System Audit – IT system review, vulnerability assessment, and compliance checks.
SEBI Cyber Security Framework Audit – Cybersecurity risk assessment and data protection compliance.

With expertise in financial audits and regulatory compliance, SGA helps businesses stay secure and SEBI-compliant.

IRDA ISNP Audits

SGA offers comprehensive audit services to help insurance platforms comply with IRDA’s Information Security and Network Platforms (ISNP) guidelines.

Our Services Include:

IT Infrastructure Assessment – Evaluating security and reliability of IT systems.
Regulatory Alignment – Ensuring compliance with IRDA standards.
Data Protection – Strengthening security and privacy protocols.
Risk Minimization – Identifying vulnerabilities and mitigating risks.
Credibility Enhancement – Helping businesses build stakeholder trust.

With SGA’s expert audits, insurance businesses can confidently operate within the regulatory framework while minimizing risks and enhancing credibility.

Concurrent Audit

Concurrent Audit is an essential service in the BFSI sector, offering real-time monitoring of financial transactions and internal processes to ensure compliance, minimize risks, and enhance operational efficiency. By performing continuous audits, we help businesses stay proactive in identifying discrepancies and ensuring regulatory adherence.