How Axslogic streamlined its ISO 27001 compliance with Sprinto
Headquartered in Singapore, Axslogic is a leading provider of digital solutions for financial institutions, revolutionizing how lending data analytics are managed. Their flagship product, Winnow™, introduces a new and highly effective early warning exception management paradigm to help financial institutions navigate the challenges and risks associated with lending. By leveraging the power of Winnow™, financial institutions can stay ahead of the curve and make more informed decisions.
– Dipan Bhattacharyya
CTO, Axslogic
– Dipan Bhattacharyya
CTO, Axslogic
Introduction
Headquartered in Singapore, Axslogic is a leading provider of digital solutions for financial institutions, changing how lending data analytics are managed. Its flagship product, Winnow™, gives those institutions an early warning exception management system for navigating the challenges and risks associated with lending.
Serving that fintech market, CTO Dipan Bhattacharyya holds that a robust security practice, bolstered by compliance and enabled by automation, strengthens operations and builds trust with prospects and partners. Standards such as ISO 27001 gave Axslogic a structured method for integrating security practices into how it operates, with automation making that program efficient to manage.
The Problem
To align with ISO 27001 and obtain certification, Axslogic set out to implement a compliance management tool. Alongside robust automation capabilities, Axslogic looked for a solution tailored to cloud operations, with enough compatibility to streamline automation across its existing tech infrastructure.
Axslogic also wanted that tool to fill a leadership gap: “We predominantly sought a compliance solution that would serve as a virtual CISO,” says Dipan Bhattacharyya, CTO, Axslogic.
The evaluation covered the established compliance automation vendors. As Dipan puts it: “After checking out tools such as Drata, Vanta and Secureframe, I found Sprinto and it was a game-changer! Sprinto is better built than the competition, loaded with automation capabilities, giving us a clear path to compliance right from the get-go. Choosing Sprinto was a no-brainer.”
The Solution
Axslogic hit the ground running. Through expert-led sessions that spanned defining the program scope, conducting risk assessments, and implementing the relevant security controls and other measures, Axslogic covered a lot of ground with Sprinto within a short, streamlined timeframe.
Working from the Sprinto dashboard, Axslogic mapped and assigned compliance tasks across the team, assessed and managed risks, tracked progress, and maintained a centralized repository for all compliance-related matters. Once that setup was in place, Axslogic ran control testing, remediation, and evidence collection on Sprinto’s automation, which collected evidence 30% faster and kept controls under continuous monitoring so nothing slipped through the cracks.
By the time of the audit, the auditor had every piece of evidence they asked for in one place.
“Sprinto was a game changer for us when it came to managing our ISO 27001 compliance program. It significantly reduced the manual work and made sure every piece of evidence was spot on. As a result, our audit process was a breeze,” says Dipan.
Impact
Axslogic completed its ISO 27001 implementation in 8 weeks, cut the time spent on security questionnaires by 75%, and now stands up a new framework 5x faster.
Remarking on the overall experience, Dipan notes: “Achieving ISO 27001 with the help of Sprinto has been an extraordinary experience. It’s not just about checking a compliance box, it’s about the tangible impact it brings on how our prospects and customers perceive us. ISO helps us build higher trust, lower barriers to conversions, and empower our sales team to sell with more confidence. We’re seeing ISO27001 certification act as a catalyst in converting prospects and helping us scale faster.”
Since becoming ISO 27001 certified, Dipan has noticed a significant improvement in Axslogic’s overall brand credibility and trust, and the company is carrying that security-first, compliance-led approach into the higher-tier markets it is expanding into.
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