Industries

Are You Compliant With APRA CPS 234 Standards?

TMG can help effectively manage your IT assets and ensure compliance with industry standards.

Helping Industries Navigate the IT Landscape since 2006

At The Mastermind Group (TMG), we specialise in helping Financial Services industries manage their software assets effectively while ensuring compliance with APRA CPS 234 standards.

We understand the challenges financial institutions face in this area, and we’re here to provide comprehensive solutions tailored to your specific needs. 

Here’s how TMG can assist you in addressing common software asset management issues while meeting APRA requirements:

License Compliance: Ensuring compliance with software licenses can be complex and time-consuming. TMG can help you establish robust license management practices, track licenses, and conduct regular audits.  By staying on top of license agreements, we’ll help you avoid legal and financial consequences associated with non-compliance.


Software Version Control: Managing multiple software applications and their versions can be challenging. TMG will guide you in establishing efficient version control processes.  We’ll help you maintain an accurate inventory of your software assets, leading to enhanced security and optimise system performance.


Shadow IT and Unauthorised Software: Identifying and managing unauthorised software within your organisation can be daunting. TMG assists in implementing software usage tracking mechanisms and conducting regular audits.  We’ll help you establish governance frameworks and educate your employees to minimise risks associated with unauthorised software.


Software Asset Visibility and Inventory Management: Maintaining an accurate inventory of software assets is crucial for compliance and effective management. TMG provides expertise in establishing centralised databases and robust tracking mechanisms.  With a clear view of your software assets, you can confidently manage them and meet APRA CPS 234 requirements.


Integration and Interoperability: Integrating diverse software systems can present challenges. TMG will identify compatibility issues and streamline integration processes.  We specialise in data migration, system integration, and API management.  You can count on us to ensure seamless interoperability across your software applications.

 

With TMG as your partner, you can confidently navigate software asset management challenges while meeting APRA CPS 234 standards.

We’re here to provide tailored solutions, streamline processes, and ensure compliance.  Let us handle your software asset management needs so you can focus on serving your customers and growing your business.

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