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NAVEX Expands Global Risk Management Operations with New Bangalore Center

Burstable News - Business and Technology News January 21, 2025
By Burstable News Staff
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NAVEX Expands Global Risk Management Operations with New Bangalore Center

Summary

Risk and compliance management leader NAVEX opens a strategic Global Capability Center in Bangalore, India, marking a significant expansion of its international operations and enhancing its ability to serve Asian markets.

Full Article

Global risk and compliance management software leader NAVEX has established a permanent Global Capability Center (GCC) in Bangalore, India, strengthening its position in the Asian market and expanding its international footprint. The facility, set to house approximately 100 experts across various departments, represents a strategic move to enhance the company's global risk management capabilities.

The new center's significance extends beyond simple geographical expansion. As organizations worldwide face increasing regulatory scrutiny and compliance demands, NAVEX's Bangalore operation positions the company to better serve the growing governance, risk, and compliance (GRC) needs in Asia. The center's proximity to key markets including Singapore, Japan, and Australia strengthens NAVEX's ability to provide regional support to its expanding client base.

This expansion follows NAVEX's recent growth in Europe, including a new London office in 2023 and increased presence in Finland and Sweden. The company, which currently serves over 13,000 organizations and impacts 88 million employees globally, is positioning itself to meet the rising demand for risk management solutions in emerging markets.

The Bangalore facility, led by Vice President of Software Engineering Udayakumar Sethu, will focus on product innovation and customer experience while promoting cross-cultural collaboration. The center's establishment reflects the growing importance of South Asia in the global risk and compliance management sector, as businesses in the region increasingly seek sophisticated GRC solutions to navigate complex regulatory environments.

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