Scrut Automation launches ReguSense Control Framework for Indian FinTechs

By Gloria Methri

Scrut Automation has announced the launch of ReguSense, a new product designed to help Indian FinTech companies navigate regulatory complexities and manage their audits seamlessly.

Indian FinTech and BFSI companies are under strict regulatory pressure to demonstrate strong IT and Infosec maturity models, with the RBI mandating compliance with System Audit Reports (SAR), SEBI rolling out its cybersecurity framework, and traditional financial institutions like banks conducting their own security audits.

ReguSense provides structured content across standards, frameworks, and regulations for simplified control mapping. Its pre-mapped common controls save hundreds of hours of effort in implementing recommended controls across multiple frameworks.

By clubbing ReguSense and its native smartGRC platform, Scrut Automation streamlines the creation, mapping, and updating of internal and external controls, thus empowering IT, security, and compliance managers to observe risks and collect evidence against mitigating controls once and map across multiple regulations.

Shashank Karincheti, Senior Manager – Regulatory and Technology Compliance at RazorPay commented, “Regulators have released several stringent circulars in the last six months, covering technical glitches, cloud security frameworks, and cybersecurity guidelines. To meet these requirements, enterprises need to adapt quickly. Automation is crucial in identifying gaps and mitigating risks in real time. It can also help organizations generate compliance reports and audit trails automatically, reducing the burden on compliance teams.”

Aayush Ghosh Choudhury, CEO of Scrut Automation said, “The Indian financial services ecosystem has witnessed a remarkable transformation, with both legacy traditional companies and newer fintech companies embracing digitization as a mode of distribution. In response, the government has also been investing in regulatory infrastructure to democratize secure access to technology. With ReguSense, we hope to reduce the information asymmetry surrounding compliance standards in the Fintech sector, and enable them to stay ahead of the rapidly evolving regulatory landscape.”