The Securities and Exchange Board of India (SEBI) has set up a high-level working group to develop a technology roadmap for market infrastructure institutions. The initiative will focus on emerging technologies like AI, ML, and cloud systems, ensuring India’s securities market remains resilient, globally competitive, and investor-centric.
SEBI has announced the formation of a high-level working group to design a five- and ten-year technology roadmap for India’s securities market infrastructure institutions (MIIs), aiming to strengthen resilience, investor protection, and global competitiveness. The Securities and Exchange Board of India emphasized that this strategic move comes amid rapid technological evolution and the growing reliance on digital systems in market operations, surveillance, and regulatory oversight.
Key Highlights
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The working group will be chaired by Dr. D.B. Phatak, Professor Emeritus at IIT Bombay, alongside senior officials from MIIs, stock brokers, registrars, transfer agents, and technology experts.
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The roadmap will emphasize adoption of emerging technologies such as artificial intelligence, machine learning, distributed ledger systems, and cloud computing.
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The initiative aligns with India’s broader vision of becoming a digitally empowered economy, ensuring the securities market remains future-ready and globally competitive.
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SEBI has also revamped stock broker regulations, replacing decades-old norms to ease cross-regulatory activities and strengthen resilience.
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Investor protection, risk management, and regulatory oversight are central pillars of this roadmap, reflecting SEBI’s commitment to safeguarding market integrity.
This development signals SEBI’s proactive approach to modernizing India’s capital markets, positioning them to adapt to global technological shifts while enhancing efficiency and investor confidence.
Sources: Securities and Exchange Board of India, The Economic Times, MoneyControl