Risk UniVerse

Cutting-edge product for today’s evolving regulatory & risk landscape

In today’s rapidly evolving regulatory landscape, organizations are facing increased scrutiny over their Internal Controls Over Financial Reporting (ICOFR) and related compliance globally. The complexity of regulations and the growing expectations for transparency demand a robust framework to ensure financial integrity and accountability.

Risk UniVerse is a cutting-edge ICOFR/IFC/SOX product designed to streamline and enhance ongoing compliance requirements. The product provides centralized data and workflows, ensuring accurate and consistent information for audit readiness while boosting visibility and stakeholder trust through interactive dashboards.

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Capabilities

Tailored Project set-up
Planning & Scoping
Policies & Procedure Module
Narrative & Flowchart
Risk Library
Risk Control Matrix (RCM)
Control Testing
Communication
Reporting & Dashboard

Facilitates seamless tailoring of project setups to meet organizational requirements of ICOFR / IFC / SOX Compliance.

Streamlines initial stages for quicker readiness. Automate the scoping activity by analyzing financial statements against the materiality threshold. Also analyzes business process based on qualitative factors.

Repository of all policies and procedures of the organization based on process levels

Includes a segment to attach narratives and flowcharts against each scoped-in process that can be accessed easily throughout the review.

Repository of common risk in a business process that can be accessed by user while documenting Risk Control Matrix (RCM) to ensure completeness of testing.

Enables overall documentation of Risk Control Matrix by linking scoped-in process to sub processes, Sub-processes to Risk, Risk to Controls, Controls to type of controls, frequency, financial assertions etc.

Comprises of information relating to Test of Design (TOD) and Test of Operating Effectiveness (TOE) including the testing steps and attributes, along with its result

Centralization of all communication with control owners/remediation owners for validation of controls, testing evidence, remediation of gaps, timelines etc.

A summarized, interactive dashboard for all the tasks and activities performed along with the completion percentage to easily track the progress and identify trends

Facilitates seamless tailoring of project setups to meet organizational requirements of ICOFR / IFC / SOX Compliance.

Streamlines initial stages for quicker readiness. Automate the scoping activity by analyzing financial statements against the materiality threshold. Also analyzes business process based on qualitative factors.

Repository of all policies and procedures of the organization based on process levels

Includes a segment to attach narratives and flowcharts against each scoped-in process that can be accessed easily throughout the review.

Repository of common risk in a business process that can be accessed by user while documenting Risk Control Matrix (RCM) to ensure completeness of testing.

Enables overall documentation of Risk Control Matrix by linking scoped-in process to sub processes, Sub-processes to Risk, Risk to Controls, Controls to type of controls, frequency, financial assertions etc.

Comprises of information relating to Test of Design (TOD) and Test of Operating Effectiveness (TOE) including the testing steps and attributes, along with its result

Centralization of all communication with control owners/remediation owners for validation of controls, testing evidence, remediation of gaps, timelines etc.

A summarized, interactive dashboard for all the tasks and activities performed along with the completion percentage to easily track the progress and identify trends

Why Risk UniVerse?

Flexible, Easy and Customizable Integration

Risk Universe is flexible to tailor suit diverse requirements and embed seamlessly into any client environment. The low code interface feature of the tool enables businesses to deploy and manage configurations in an effective way.

Automated Workflows

Streamline workflows by removing inefficiencies, automating task assignments, and minimizing redundancies. Customizable workflows enhance accountability, transparency, and visibility, while tracking every action for a complete audit trail.

Automated Testing Process

Automation accelerates testing by minimizing manual effort and reducing review time. It ensures consistent application of controls, reduces the risk of human error, and effectively handles complex, high-volume testing with minimal resources.

Trust and Transparency

Enhances transparency and trust through clear insights and reporting. Also ensures data accuracy and consistency for audit preparation and minimizes discrepancies and errors.

Continuous Monitoring & Reports

Continuous monitoring delivers real-time insights into control performance and compliance status. By utilizing an interactive and customizable dashboard, organizations can effectively track identified issues for timely resolution, ensuring they remain audit ready.

Document Management System

A centralized repository for all ICOFR, IFC, and SOX documents, policies, and evidence provides easy access while minimizing duplication. Maintain only the most current documentation for tests, audits, and reviews. Teams can collaborate in real time, boosting transparency and ensuring compliance.

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Our Leaders

Sandip Khetan

Co-Founder, Global Head of Accounting & Reporting Consulting | California, USA

Nagaraj Uchil

Partner, Global Head of GRC | Dubai, UAE

Naresh Dusi

Chief Technology Officer | Mumbai, India

Suraj Pandey

Deputy CTO | Gurugram, India

Vivek Thakre

Senior Engineering Manager, Technology | Mumbai, India
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Sandip Khetan

Co-Founder, Global Head of Accounting & Reporting Consulting

Sandip is an Indian Chartered Accountant, US Certified Public Accountant, Company Secretary, and an alumnus of IIM Ahmedabad with over 25 years of experience in the consulting and assurance industry serving clients in the US, India, the Middle East and the UK. He has deep experience in the area of US listings and has assisted several large Indian companies in complying with US listing regulations as they raised capital from the US markets.

He is known as a problem solver, thought leader, and advisor to companies on IPOs, transactions, divestitures, complex accounting, and regulatory matters. Before his consulting industry stint, Sandip worked with HCL Technologies, a large technology company where he led the overall US GAAP reporting unit.

He was a founding member of the Accounting Advisory Practice at KPMG. During his stint at EY, he led the Finance Accounting Advisory Services practice and was part of the Assurance leadership team. He enhanced the digital capabilities at EY by building technology to automate the reporting in the finance function – this technology is now deployed for clients across different sectors in India and internationally.

Over and above his professional journey, Sandip likes to mentor startups and is also an active investor in the ecosystem. Sandip has a keen interest in badminton and has played at the national level.

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Nagaraj Uchil

Partner, GRC Consulting

Nagaraj is an MBA in finance and has over 18 years of experience in Internal Controls, Enterprise Risk Management, Business Continuity Management, and IPO Readiness for organizations.

Prior to joining Uniqus, Nagaraj was leading Internal Controls, IPO Readiness, Enterprise Risk Management (ERM) and Business Continuity Management (BCM) for KPMG, Lower Gulf.

His sectoral experience includes Oil & Gas, Power & Utility, Real Estate & Construction, Sovereign funds, Travel and Tourism, Public Sector, Technology, and Retail & Consumer Durables.

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Naresh Dusi

Chief Technology Officer

Naresh is an Engineering Graduate from REC/NIT Durgapur with almost 20 years of experience in leading, managing, architecting, and building highly scalable, mission critical, distributed SAAS and mobile applications for startups and large enterprise product companies.

Prior to Uniqus, Naresh was with Amazon, where he led the tech team responsible for managing and supporting one of the largest seller-based platforms, with more than one million sellers. In his role, he was responsible for re-engineering the entire invoicing platform to make it more scalable and global. In his earlier organizations, Naresh has contributed greatly to the development of platforms around the UPL Agri Tech ecosystem along with the launch of UPL’s first e-commerce launch for retailers. He also played a critical role in revamping tech platforms across multiple markets during his journey at the Indian Energy Exchange.

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Suraj Pandey

Deputy CTO

Suraj is an automation architect and provides strategic leadership on emerging technologies to our clients globally. He comes with over 19 years of international experience in cognitive-powered automation, application modernization and product development across organizations such as Accenture and EY.

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Vivek Thakre

Senior Engineering Manager, Technology
Mumbai, India

Vivek has over 12 years of experience in solution designing, development and maintenance of software applications and has completed his Master of Computer Applications from Nagpur University. Vivek specialized in developing large-scale geo-tracking applications, harnessing cutting-edge technology to provide precise location data. He was associated with Perfios and LocationGuru lrip prior to joining Uniqus.

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