Halcyon Payments gets exam-ready
How Halcyon Payments worked with us on gets exam-ready.
We used to find out about relevant changes late and scramble. Now it's assigned work with an owner and a deadline.Karim Petrov, Chief Operating Officer, Halcyon Payments
The challenge
Exam preparation consumed weeks of manual evidence gathering, and the same control artefacts were re-requested from the business every cycle.
Our approach
Control tests and their evidence moved into a single workspace with provenance, so internal audit could pull an evidence pack on demand instead of chasing the business.
The result
Evidence-gathering time for the annual exam fell by 70%, and repeat requests to the business effectively stopped.
Exam preparation consumed weeks of manual evidence gathering, and the same control artefacts were re-requested from the business every cycle. Control tests and their evidence moved into a single workspace with provenance, so internal audit could pull an evidence pack on demand instead of chasing the business. Evidence-gathering time for the annual exam fell by 70%, and repeat requests to the business effectively stopped.
This case study is written by the vendor and describes their own work. Outcomes have not been independently verified by RegTech Radar.