Swaminathan, a founding member of IRIS, played a crucial role in shaping the company’s vision, strategy, and governance. His leadership was instrumental in the company’s growth, and his passing is a significant loss for the organisation.
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In response to this development, the company’s Board of Directors convened on March 26, 2025, and appointed Krishnan Balachandran, Whole-time Director and CFO, as interim head to oversee daily operations until a permanent successor is identified. The board has assured stakeholders of its commitment to ensuring business continuity and stability during this transition period.
Mumbai-based IRIS Business Services Ltd is operating in the RegTech (regulatory technology) space. The company offers a range of products that cater to the specific needs of organisations and regulators across different industries and geographic regions. It has been providing compliance, data, and analytics solutions to businesses in 50 countries.
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