Last updated: July 2026

MAS TRM Compliance Consulting

Looking for a MAS TRM Compliance Consulting Company in Singapore? Pass MAS Scrutiny Without a Year-Long Project.

We are a MAS TRM compliance consulting company for Singapore banks, insurers, capital markets firms, and payment service providers. A gap assessment lands in about 2 weeks, remediation runs in phases your team can actually absorb, and we run the required penetration testing and vulnerability assessment ourselves - no separate vendor to coordinate.

Every engagement is led personally by a former Microsoft Security Consulting team member. Fixed-price proposal within 48 hours. You review the gap assessment report before you pay.

Gap assessment in about 2 weeks Fixed-price proposal in 48 hours Pay after you review the report 234 assessments, 14 countries
MAS TRM compliance consulting company helping Singapore financial institutions reach audit-ready alignment

What Does a MAS TRM Compliance Consulting Company Do?

A MAS TRM compliance consulting company prepares your financial institution to demonstrate alignment with the Monetary Authority of Singapore's Technology Risk Management Guidelines. That means mapping the guidelines to your actual systems, finding every control gap across governance, cybersecurity, third-party risk, resilience, systems development, and incident reporting, then implementing the missing controls with your team.

MAS TRM is supervisory guidance, not a pass/fail certification - there is no MAS TRM certificate to hang on the wall. The goal is demonstrable alignment: evidence and documentation strong enough to satisfy an MAS inspection, reassure your board, and clear enterprise or counterparty due diligence reviews. That is exactly what this engagement is built to produce.

What Is MAS TRM, and Who Must Comply

MAS TRM refers to the Monetary Authority of Singapore's Technology Risk Management Guidelines. They set out risk management principles and best practices for IT and cyber resilience, and they apply to every financial institution MAS regulates.

A related, legally binding instrument, MAS Notice 655, sets mandatory cyber hygiene requirements and incident notification timelines that sit inside the broader TRM framework. Data protection obligations under Singapore's PDPA typically pair with the same engagement.

Banks and merchant banks licensed and regulated by MAS
Insurers and insurance intermediaries under MAS supervision
Capital markets services license holders and securities firms
Payment service providers licensed under the Payment Services Act
Financial holding companies overseeing MAS-regulated entities
Fintechs and digital banks operating under an MAS license

The Six MAS TRM Requirement Areas

We assess and remediate every area MAS looks at during an inspection, not just the cybersecurity controls that get the most attention.

Technology Risk Governance and Oversight

Board and senior management

MAS expects the board and senior management to own technology risk, set risk appetite, and maintain an active oversight structure. We help you build the governance framework MAS looks for during inspections.

Cybersecurity Controls

Core control set

Access management, network security, encryption, patch management, security monitoring, and regular security testing. This is the largest control area in the MAS TRM Guidelines and the one MAS scrutinizes most closely.

Third-Party and Vendor Risk Management

Outsourcing and cloud

Due diligence on cloud service providers and outsourced vendors, contractual security requirements, and ongoing monitoring of third-party risk. Critical for institutions relying on cloud infrastructure.

Operational and IT Resilience

Business continuity

Recovery time objectives, disaster recovery planning, and resilience testing so critical systems stay available under disruption. MAS expects evidence the plan has actually been tested, not just documented.

Systems Development and Change Management

Secure SDLC

Security built into the software development lifecycle, with formal change management controls and testing before anything reaches production.

Incident Reporting

Notification obligations

Detection, response, and notification procedures for technology and cyber incidents, aligned with the timelines financial institutions must meet under related MAS notices.

Our MAS TRM Compliance Consulting Process

Five stages from first call to MAS inspection readiness. The difference from most MAS TRM consultants is stage three: we implement the controls with you, in phases, instead of handing back a checklist.

1

Scoping and regulatory mapping

We map the MAS TRM Guidelines and MAS Notice 655 to your actual systems and business lines, so the engagement covers exactly what applies to a bank, insurer, capital markets firm, or payment service provider like yours.

2

Gap assessment (about 2 weeks)

We test your current environment against all six TRM requirement areas - governance, cybersecurity controls, third-party risk, operational resilience, systems development, and incident reporting - and hand you a prioritized gap report.

3

Phased remediation

We implement the missing controls with your team, phase by phase, rather than handing you a document and disappearing: access management, logging and monitoring, vendor risk processes, resilience testing, and the rest of the gap report.

4

Penetration testing and vulnerability assessment

MAS TRM explicitly expects regular vulnerability assessments and penetration testing. We run this testing ourselves as part of the engagement rather than outsourcing it to a separate firm you have to manage.

5

Mock inspection and board reporting

We run a mock inspection, prepare the board assurance pack, and support you through the real MAS inspection or through enterprise and counterparty due diligence reviews.

MAS TRM Readiness Timeline

A realistic timeline for a Singapore financial institution starting from a first engagement. Actual remediation length depends on your starting maturity and how many gaps the assessment finds.

PhaseTimingOutcome
Scoping and regulatory mappingWeek 1Defined scope across all six MAS TRM requirement areas
Gap assessmentWeeks 1-2Prioritized gap report against the TRM Guidelines and MAS Notice 655
Phased remediationWeeks 2-10 (scope-dependent)Controls implemented with your team, phase by phase
Penetration testing and vulnerability assessmentScheduled within remediationRequired VA and pentest completed by our team
Mock inspection and board reportingFinal weeksBoard assurance pack delivered, MAS inspection readiness confirmed

How Much Does MAS TRM Compliance Cost?

We publish our starting price rather than making you sit through a sales call to find out. Fixed-price proposals within 48 hours of your strategy call. No hourly billing, no surprises.

MAS TRM Gap Assessment

A full assessment against all six MAS TRM requirement areas, delivered in about 2 weeks.

From $3,000per engagement
  • Gap analysis against the MAS TRM Guidelines and Notice 655
  • Control mapping across all six requirement areas
  • Prioritized remediation roadmap
  • Board-ready summary
Book Free Strategy Call

Zero-risk: you review the report before you pay.

Most Popular

Full Readiness + Phased Remediation

End to end: from gap assessment to MAS inspection readiness.

Custom quotefixed price
  • Everything in the Gap Assessment
  • Hands-on, phased control implementation
  • Penetration testing and vulnerability assessment
  • Mock inspection and board reporting pack
  • Support through the real MAS inspection
Book Free Strategy Call

Zero-risk: you review the report before you pay.

Why Choose Atlant Over Other MAS TRM Consultants

Most MAS TRM consultants sell you a document and a monthly retainer. Here is how we are different.

Atlant SecurityTypical MAS TRM Consultant
Who does the workA former Microsoft security consultant, personallyJunior or offshore staff you never meet
Time to gap assessmentAbout 2 weeksMonths of scoping calls before you see a finding
PricingFixed-price proposal within 48 hours - you review the report before you payOpen-ended hourly billing
Control implementationHands-on - we implement with your teamA checklist and advice, then you are on your own
Penetration testing and VAWe run it ourselves, included in scope where relevantOutsourced to a third party you must coordinate separately
Vendor neutrality100% independent - zero software commissionsOften recommends the GRC or security tool they resell
Every engagement is led personally by a former Microsoft Security Consulting team member - never delegated to junior staff
234 security assessments delivered across 14 countries since 2013
Gap assessment delivered in about 2 weeks, not months of scoping calls
Fixed-price proposals within 48 hours - you review the report before you pay
100% vendor-neutral - we take zero commissions from any software vendor
Hands-on control implementation, not a checklist handed back to you
We run the required penetration testing and vulnerability assessments ourselves
We already publish in-depth MAS TRM guidance for banks and insurers, not just landing-page copy
Alexander Sverdlov - Founder of Atlant Security and lead MAS TRM compliance consultant

Every MAS TRM Engagement Is Led by Alexander Sverdlov

Former Microsoft Security Consulting team member. CISSP certified. Alexander has personally led 234 security assessments across 14 countries since 2013. At Atlant Security, the senior consultant who scopes your MAS TRM engagement is the same person who runs the penetration testing and implements the controls with your team - never handed to junior staff.

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We Already Publish Deep MAS TRM Guidance

Before you engage a consultant, read how we think about MAS TRM. These are the same detailed guides our consulting engagements are built on, not marketing copy.

MAS TRM vs MAS Notice 655

These two are related but not the same thing, and mixing them up is one of the most common mistakes we see. The MAS TRM Guidelines are the broad supervisory framework across six requirement areas: governance, cybersecurity controls, third-party risk, operational resilience, systems development, and incident reporting.

MAS Notice 655 is a specific, legally binding notice that sets mandatory cyber hygiene requirements and incident notification timelines, sitting inside the wider TRM framework as an enforceable baseline. We address both in the same engagement, alongside data protection obligations under Singapore's PDPA where personal data is in scope.

Stop Guessing at MAS Scrutiny. Get Demonstrably Aligned.

Book a free 30-minute strategy call with Alexander. We will discuss your institution, timeline, and exactly what it takes to satisfy MAS, your board, and your enterprise counterparties. Fixed-price proposal within 48 hours.

Zero-risk: you review the report before you pay.

Schedule Your Free MAS TRM Strategy Call

Need a Broader IT Security Audit Alongside MAS TRM?

Many institutions pair the MAS TRM engagement with a full IT security audit or a standalone penetration test to satisfy both regulatory expectations and enterprise due diligence in the same cycle.

IT Security Audit Penetration Testing

For small projects and ad-hoc work outside our pre-agreed packages or retainers, our standard hourly rate is $460.

MAS TRM Compliance FAQ

What is MAS TRM compliance?
MAS TRM refers to the Monetary Authority of Singapore's Technology Risk Management Guidelines, which set risk management principles and best practices for IT and cyber resilience at financial institutions. MAS TRM compliance means being able to demonstrate alignment with those guidelines across technology risk governance, cybersecurity controls, third-party and vendor risk management, operational and IT resilience, systems development, and incident reporting.
Who must comply with MAS TRM?
The MAS TRM Guidelines apply to all financial institutions regulated by the Monetary Authority of Singapore, including banks, insurers, securities and capital markets services firms, and payment service providers. If your institution holds an MAS license or is under MAS supervision, the guidelines apply to your technology and cyber risk management.
Is MAS TRM mandatory?
The MAS TRM Guidelines themselves are supervisory guidance rather than a pass/fail certification like an ISO audit. In practice, though, MAS expects regulated institutions to demonstrate alignment during inspections, and specific elements are given binding force through instruments such as MAS Notice 655, which sets mandatory cyber hygiene requirements and incident notification timelines. The commercial reality is that demonstrable MAS TRM alignment is expected for board assurance, MAS supervisory reviews, and enterprise or counterparty due diligence.
How much does MAS TRM compliance cost?
A standalone MAS TRM gap assessment starts from $3,000. Full phased remediation is priced to the scope of your institution and the gaps found, and we provide a fixed-price proposal within 48 hours of your strategy call. You review the gap assessment report before you pay for the next phase.
How long does MAS TRM readiness take?
The gap assessment itself takes about 2 weeks. Phased remediation then runs over the following weeks depending on how many gaps are found and the size of your institution, with penetration testing and vulnerability assessment scheduled within that remediation window where relevant to your scope.
Does MAS TRM require penetration testing?
Yes. The MAS TRM Guidelines explicitly expect regular vulnerability assessments and penetration testing as part of a financial institution's cybersecurity controls. Atlant Security runs this testing ourselves as part of the engagement rather than outsourcing it to a separate firm you would need to coordinate.
What is the difference between MAS TRM and MAS Notice 655?
The MAS TRM Guidelines are the broad supervisory framework covering six areas of technology risk management: governance, cybersecurity controls, third-party risk, operational resilience, systems development, and incident reporting. MAS Notice 655 is a specific, legally binding notice that sets mandatory cyber hygiene requirements and incident notification timelines. Notice 655 sits inside the wider TRM framework as an enforceable baseline, so compliance work typically addresses both together, alongside data protection obligations under Singapore's PDPA.
Do you help with MAS TRM audits and inspections?
Yes. Alongside the gap assessment and remediation work, we prepare board reporting packs, run a mock inspection before the real one, and support your team through MAS supervisory inspections as well as enterprise and counterparty due diligence reviews that ask about your MAS TRM alignment.

Related: IT Security Audit - Penetration Testing - All Services - MAS TRM Checklist - MAS TRM Compliance Guide