The Securities and Exchange Board of India (Sebi) has introduced an IT Resilience Index (ITRI) framework for market infrastructure institutions (MIIs) to monitor the robustness and resilience of their critical IT systems and strengthen the continuity of securities market operations.
The regulator, in its latest circular, said IT systems of MIIs form the backbone of the smooth and uninterrupted functioning of the securities market, and any disruption, performance degradation or compromise of these systems could affect critical market operations and pose risks to trust in the securities market.
