Birlasoft, the global IT services arm of the C K Birla Group, announces its governance, risk, and compliance (GRC) strategy designed to help businesses become more agile, gain greater visibility into their data, and balance business risk and responsiveness.

Since the Dodd-Frank Act was passed by Congress in 2010 as part of the financial regulatory reform agenda, Birlasoft has set up a domain-led competency to carry out comprehensive research and thought leadership for organizations grappling to understand and respond to the law's still evolving technology requirements.

"Impending regulations, client and internal pressures are driving securities firms to enhance and restructure their compliance and regulatory infrastructure. This will remain a top priority for securities firms for the next few years and drive investments in areas such as OTC Derivatives, market surveillance and risk management." says Dushyant Shahrawat, senior research director for TowerGroup.