Compliance for Financial & Professional Services
Financial services carry the densest regulatory load of any sector and the shortest tolerance for downtime. Vyapari Solutions builds one control set that answers the regulator, the acquiring bank, the enterprise customer and the auditor.
4.9/5 average client rating · 1200+ engagements delivered
Why this sector is different
A fintech serving a bank inherits the bank’s obligations through contract. A payment aggregator answers to RBI, its acquiring bank and PCI DSS simultaneously. A wealth platform answers to SEBI’s Cyber Security and Cyber Resilience Framework. Each of these asks for overlapping evidence in incompatible formats.
We map the overlap once, run a single technical assessment, and produce output in whichever format each recipient expects — regulator submission, acquirer AoC, customer security questionnaire or certification body audit file.
- Overlapping mandates from RBI, SEBI, IRDAI, NPCI, CERT-In and card schemes
- Continuous obligations: quarterly scans, annual VAPT, periodic system audits, incident reporting clocks
- Third-party risk pressure — banks now audit their fintech partners as hard as their own systems
- Business continuity and DR expectations measured in minutes, not hours
At a glance
| Regulatory context | RBI cyber security framework and IT governance directions, SEBI CSCRF, IRDAI guidelines, CERT-In directions, DPDP Act |
|---|---|
| Most requested | ISO 27001, SOC 1 & SOC 2, PCI DSS, VAPT, CERT-In audit, ISO 22301 |
| Typical drivers | Licence conditions, system audit submissions, acquiring bank mandates, enterprise procurement |
| Board exposure | Personal accountability for IT governance and cyber resilience under RBI and SEBI frameworks |
Problems we solve here
These are the five engagements we run most often in this sector.
Multi-regulator evidence duplication
One control library mapped to RBI, SEBI, PCI DSS, ISO 27001 and SOC 2, so each control is tested once and reported many ways.
Acquiring bank PCI DSS pressure
Scope reduction and tokenisation first, then QSA-led validation — usually removing most of the estate from assessment.
System audit and VAPT cycles
Annual application and infrastructure testing with reporting in the format your regulator or bank partner requires.
Third-party and outsourcing risk
Vendor due diligence frameworks that satisfy RBI outsourcing directions and your own partner onboarding.
Continuity and incident readiness
ISO 22301 BCMS with tested RTOs, plus a six-hour CERT-In reporting workflow that actually works at 2am.
What financial & professional services organisations usually certify
These are the frameworks we implement most often in this sector, and the reason each one comes up.
| Framework | Why it applies here | |
|---|---|---|
| ISO 27001 | The base ISMS every regulator and enterprise customer recognises. | Details |
| PCI DSS | Mandatory wherever card data is stored, processed or transmitted. | Details |
| SOC 1 & SOC 2 | SOC 1 for services affecting client financial reporting; SOC 2 for enterprise trust. | Details |
| CERT-In audit | Six-hour incident reporting, 180-day logs and submission-ready audit reports. | Details |
| VAPT | Annual and post-change testing required by every framework in this sector. | Details |
| ISO 22301 | Tested continuity for services where minutes of downtime are contractual events. | Details |
Who we work with
From regulated entities to the technology providers who serve them.
- Banks, small finance banks, cooperative banks and NBFCs
- Payment aggregators, gateways, wallets, PPI issuers and switch operators
- Lending platforms, LSPs, co-lending partners and account aggregators
- Wealth, broking and mutual fund platforms under SEBI CSCRF
- Insurers, insurtech and TPAs under IRDAI guidelines
- Accounting, legal, consulting and audit firms handling confidential client data
Faster partner onboarding
Bank and enterprise security reviews close in days when the evidence pack is already assembled.
Regulatory findings reduced
System audits and inspections carry fewer observations when controls are continuously evidenced.
One assessment, many reports
Shared testing across frameworks typically cuts total assurance cost by 30–40%.
Board-level visibility
A single risk register and compliance calendar replaces a scattered set of departmental trackers.
Financial & Professional Services — frequently asked questions
ISO 27001, almost always. It satisfies the largest number of downstream requests, forms the base for SOC 2 and PCI DSS, and is what most bank partners ask for first. If card data is in scope, PCI DSS runs in parallel because its scope reduction work affects your architecture.
No. RBI frameworks are prescriptive obligations for regulated entities; ISO 27001 is a certifiable management system. They overlap heavily, and we map RBI controls onto the ISMS so one internal audit programme covers both.
A graded set of cyber security and resilience requirements based on entity size and criticality, covering governance, identification, protection, detection, response, recovery and periodic VAPT and audit submissions. We build the control set and produce the submission-format reporting.
Contractually, yes. RBI’s digital lending directions push obligations down to LSPs through the regulated entity’s agreements, and your bank or NBFC partner will audit you against them. Most LSPs need ISO 27001, VAPT and a DPDP programme at minimum.
Still not sure what applies to you?
Ask an assessor directly — we answer scoping questions before anyone talks about a fee.
Get a compliance roadmap for your operations
We will map the frameworks your clients, regulators and tenders actually require, sequence them so evidence is shared, and quote a fixed fee.