Meridian Alpha
Regulatory Library
Regulations that apply to Meridian Alpha and the controls that meet them
As of 9 Oct 2026
As of 9 Oct 2026
United States · State · New York · Cyber & Technology
NYDFS · Cybersecurity requirements
23 NYCRR Part 500 · annual certification of compliance
Legal entity
Meridian Alpha
Applicability
Not applicable to Meridian Alpha · scoped for New York licensed affiliate
Locations
Mumbai Head Office (Bandra Kurla Complex), Bengaluru Technology Centre
Reporting cycle
Annual · 15 April
Requirement coverage · compliance position: gaps to close
3
requirements
- Covered 00%
- Partially covered 3100%
- Evidence unavailable 00%
Controls
6
3 failed testing
Evidence approved
12/22
current cycle
Open findings (gaps)
4
1 high
Open actions
4
0 overdue
Requirements and the controls that meet them
| Ref | Requirement | Applicability | Control objective | Controls | Coverage |
|---|---|---|---|---|---|
| 500.7 | Access privileges limited and reviewed | Not applicable | Privileged access is just-in-time and restricted | ACC-03CHG-03 | Partially covered |
| 500.11 | Third-party service provider security | Not applicable | Third parties are assessed, contracted and monitored | VEN-01VEN-02VEN-03 | Partially covered |
| 500.17 | Notify cybersecurity events within 72 hours | Not applicable | Incidents, including supplier incidents, are assessed and reported | VEN-03LOG-01 | Partially covered |
Controls and current position
| Control | What it checks | Systems | Test | Evidence | Open findings |
|---|---|---|---|---|---|
| ACC-03 | Privileged access is just-in-time and reviewed | Amazon Web Services (ap-south-1), Microsoft Entra ID, SAP S/4HANA | Fail | 3 / 7 | 1 |
| CHG-03 | Developers have no standing production access; deployments via pipeline only | Amazon Web Services (ap-south-1), GitHub Enterprise Cloud | Pass | 2 / 3 | 0 |
| VEN-01 | Critical third parties are risk-assessed before onboarding and annually | PayGate Payment Gateway, Salesforce (Sales + Financial Services Cloud) | Fail | 2 / 3 | 1 |
| VEN-02 | Provider contracts include data protection and RBI audit clauses | Salesforce (Sales + Financial Services Cloud) | Not tested | 0 / 1 | 1 |
| VEN-03 | Supplier security incidents are assessed for impact and tracked | PayGate Payment Gateway, Meridian Customer Portal | Fail | 2 / 4 | 1 |
| LOG-01 | Security events are centrally logged and monitored 24x7 | Amazon Web Services (ap-south-1), Microsoft Entra ID, Meridian Customer Portal | Pass | 3 / 4 | 0 |
Open actions
| Action | Issue | Owner | Due | Status |
|---|---|---|---|---|
| REM-F-ITGC-02 | Standing privileged access in production AWS | Rahul Nair | 16 Oct 2026 | In Progress |
| REM-F-RBI-02 | Material outsourcing: lapsed assurance and overdue reassessment (Outsourcing of IT Services 2023 §6/§9) | Sanjay Kulkarni | 20 Oct 2026 | Open |
| REM-F-ISO-02 | Supplier agreement lacks information security clauses (A.5.20) | Sanjay Kulkarni | 31 Oct 2026 | In Progress |
| REM-F-RBI-03 | Payment provider incident — incomplete credential rotation | Deepa Menon | 10 Oct 2026 | In Progress |
Regulatory reporting for management, audit and compliance review. Applicability is as assessed in Prismet. Statutory returns and regulator filings are not prepared or submitted from Prismet.