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Vinson Kurian

THIRUVANANTHAPURAM, May 27

THE Bangalore-based Software Quality Centre (SQC), transition partner with the Software Engineering Institute of Carnegie Mellon University and lead assessor against CMM and CMMI models, is extending the information systems (IS) security and controls practice to banks and other institutions in India.

"We are intent on replicating our success with major clients such as FleetBoston, Fidelity and University of Massachusetts in the US and Citibank-UAE in India. We are rejuvenating the practice here what with the public sector banks making it mandatory that their information systems be subjected to proper audit", Mr Krishnan Puthucode, Director and Chief Executive Officer, SQC, a certified information systems auditor himself, told Business Line here.

The Chennai office of SQC led the practice in India. The company was talking to a couple of big institutions in Bangalore, besides a number of private sector banks. Even some of the defence agencies in the country had expressed interest, Mr Krishnan said. The company is close to finalising the deal with respect to some of these banks and institutions.

Information systems audit has assumed importance in the context of controversies involving financial audits and accounting practices. "People are more happy to outsource that work to somebody like SQC, which focusses on the process quality improvement rather than making it part of a fringe service from a Big Four firm. So the going has been good for us", said Mr Krishnan.

The IS security and controls practice framework is CoBI- compliant and involves a process of performing an assessment to determine whether IS intensive organisations achieve organisational goals effectively.

With the current scenario and events shaking customer confidence in similar services provided by the Big Four, customers are looking at SQC to leverage its experience in this practice.

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