ISELIN, N.J., Aug. 15, 2011 /PRNewswire/ -- Today, Telavance announces the expansion of the Independent Assessments Practice with the hire of Uday Gulvadi. Uday will lead this practice and expand it from its current focus on AML System Assessments to Internal Audits, Risk and Controls Assessments, Compliance Program Assessments, IT Controls and Security Assessments, and Core Banking System Reviews.
Uday brings to Telavance significant experience in providing independent internal audits and reviews across a wide range of financial institutions. From this experience, he has developed a Unified Framework that assures the application of a consistent methodology and the highest level of professional performance and value for clients.
"The regulatory landscape for Financial Institutions has become increasingly complex and challenging. Implementation of strong, integrated Governance, Risk and Compliance (GRC) practices will be a key differentiator for success. I am excited to join Telavance's values-driven management team to develop and lead the Assessments Practice. We will continue to focus on our strong capabilities and toolsets to deliver exceptional value to our clients and prospects in helping them assess and enhance their GRC initiatives," said Uday Gulvadi, Director, Internal Controls, Risk and Compliance.
"Uday has brought to us a level of expertise that will fundamentally improve our ability to provide the highest value to our clients during our independent assessment engagements. At Telavance, we have continued to allocate investments into the development of this practice and the benefits to our clients are apparent. Our goal is to bring the next generation of product and service to the market for which this is just one of many steps," said Salvatore Cangialosi, President of Telavance.
Telavance looks forward to discussing how the Assessments Practice can provide greater value to any organization. For further information, please feel free to contact Uday Gulvadi at 732 744 0066 Ext 205 or [email protected].
About Telavance
Telavance is an international consulting firm providing risk and compliance advisory services and software products to the financial community. The firm specializes in anti-money laundering, regulatory compliance, enhanced due diligence, independent reviews, regulatory remediation, internal audit, risk management, IT controls assessments and system implementations. Telavance experience has been earned through its staff participation in over 100 engagements with a wide range of large to small financial institutions. For more information on Telavance see http://www.telavance.com.
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SOURCE Telavance
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