HomeMarket NewsSEBI issues new IT guidelines for stock exchanges, depositories and clearing corporations
Markets regulator Sebi on Tuesday came out with new guidelines for stock exchanges, clearing corporations and depositories to ensure robust capacity planning and realtime performance monitoring of their critical IT systems.
By CNBCTV18.com December 11, 2024, 12: 24: 08 AM IST (Published)
The Securities and Exchange Board of India (SEBI) has rolled out fresh directives to ensure robust capacity planning and real-time performance monitoring for stock exchanges, clearing corporations, and depositories. These guidelines aim to boost critical IT systems’ operational efficiency and resilience within market infrastructure institutions (MIIs).
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Here are the salient points from the SEBI’s guidelines:
Future-Ready capacity planning
MIIs are now required to create advanced frameworks for estimating capacity needs, leveraging trends, historical data, transaction growth, and business changes. A methodology for this estimation must be approved by the Standing Committee on Technology (SCOT) and the Governing Board and submitted to SEBI within three months.
Enhanced system capacity requirements
MIIs must maintain system capacity at least 1.5 times the projected peak load to ensure service availability during high-volume periods. The peak load projections should be derived from the past 180 days’ data and other relevant factors.
Quarterly stress testing
Regular stress tests must be conducted ever