Comprehensive IT compliance monitoring and automated remediation to maintain continuous compliance and achieve operational resilience
Capital market firms need to focus on achieving resilience in crisis situations from a continuity and performance/availability perspective. Misconfigured and non-compliant IT assets can put these firms at an increased risk for breaches. Large Investment Banks, Brokerages and Wealth Managers are probable targets for attackers for reasons such as
- Handling volumes of customer sensitive financial data
- Owning valuable IP around investment strategies and trading algorithms.
- Access to IT systems, critical applications
Failing to meet industry compliance requirements in this industry will lead to data leakage, unauthorized access of confidential information, business interruption, huge penalty and brand reputation damage. It is imperative to ensure that the IT systems carrying critical trading, debt or equity-backed securities data are constantly held in a known, secure and compliant state.
Wipro HOLMES™ Compliance Suite makes compliance check, reporting and non-compliance remediation of IT assets superfast, easy and hassle-free for these large institutions. This intelligent solution armed with next generation AI-ML capabilities, monitors, reports, analyzes, and remediates IT compliance across hybrid cloud, applications, and networks to Capital market firms. This will thereby ensure that IT assets (irrespective of on premise, cloud) are configured to industry & privacy standards securely (e.g. PCI-DSS, NIST, ISO 27001, GDPR etc.)