Consark’s journey to EU-ready fintech compliance

THE COMPANY

Deliberate approach to building trust in fintech

As a fintech company, Consark operates in a landscape where airtight compliance isn’t just a checkbox, it’s a business imperative. With operations expanding rapidly across both the US and Europe, the company required a robust, scalable compliance program.

THE CHALLENGE

The hidden cost of manual compliance

As a fintech company, Consark operates in a landscape where airtight compliance isn’t just a checkbox, it’s a business imperative. With operations expanding rapidly across both the US and Europe, the company required a robust, scalable compliance program.

• Scaling compliance without overhead: The existing approach of scattered documents, inconsistent tracking, and last-minute audit scrambles demanded heavy bandwidth of the lean team or additional external support, which was not sustainable.
• Managing multi-cloud security posture: Maintaining multiple cloud environments across both AWS and Azure made manual tracking of vulnerabilities difficult. This meant a greater possibility of security incidents and risks.
• Delays in onboarding enterprise clients: In the absence of structured compliance processes, the to-and-fro of security questionnaires dragged on and slowed down sales cycles. Security teams had to spend a lot of time extracting relevant information.

THE SOLUTION

Embedding security as an integral part of operational fabric

For Consark, getting started with Scrut was easy. The Scrut team conducted a thorough gap assessment, provided remediation steps, and helped program-manage the entire journey that set up the security foundation for Consark.

RISK MANAGEMENT

Automating compliance and risk tracking

Scrut’s compliance overview dashboard helped monitor compliance across SOC 2, ISO 27001, and GDPR. The pre-built policy templates served as essentials for kickstarting the whole process. Automated evidence collection, policy management, and real-time risk tracking helped Consark move from reactive compliance to proactive governance. By eliminating spreadsheet-based tracking and replacing it with Scrut’s centralized system, Consark reduced compliance management time by half, allowing the team to focus on strategic security initiatives rather than manual documentation.

CLOUD TESTMONITORING

Cloud security visibility and remediation

Scrut’s continuous cloud monitoring identified vulnerabilities across AWS and Azure, enabling Consark to resolve security issues before audits. Automated tests flagged misconfigurations, and metadata-driven remediation steps, significantly reduced resolution times. With Scrut’s proactive alerts, Consark could now remediate vulnerabilities before they became security incidents, enhancing its overall risk posture..

TRUST VAULT

Trust Vault for enterprise-grade transparency

With Scrut’s Trust Vault, Consark created a public-facing security portal that reduced back-and-forth with enterprise clients. Instead of endless email threads and ad hoc security documentation requests, prospective customers could instantly review Consark’s security posture and request compliance reports backed by NDA-gated access. This improved transparency accelerated deal closures and reinforced customer confidence in Consark’s security practices.

THE IMPACT

How Scrut delivered strategic value to Consark

• Compliance without extra headcount: Consark saved significant costs by avoiding hiring additional compliance personnel while achieving enterprise-grade security readiness. Scrut's easy-to-use platform along with expert-backed support enabled greater efficiency in compliance and risk management.
• 3x faster audit preparation: With structured modules and intuitive automation, Consark significantly cut down the time required to collect and compile audit evidence. This reduced stress and ensured a smooth audit experience for all the frameworks being pursued.
• No compliance-driven deal blockers: Security assessments, which once took weeks, were now handled in days. The constant to and fro between sales and internal teams was minimized with a self-serve trust vault that accelerated customer acquisition and reinforced trust with existing clients.

“Scrut unified our multi-cloud security approach, significantly reducing our risk exposure and audit stress. The automated remediation keeps our cloud environments secure without constant firefighting—peace of mind for us and our customers.”


Anand Krishna Kumar
Co-Founder & CISO, Consark