SEBI’s IT Resilience Index: Scoring Market Infrastructure
Why in the news
SEBI introduced a scoring tool for the tech strength of key capital market institutions.
Key facts
- IT Resilience Index (ITRI): a numeric index to benchmark Market Infrastructure Institutions (MIIs).
- Like capital adequacy ratios for banks, it tracks systemic digital resilience.
Weighted parameters
| Parameter | Weight |
|---|---|
| Availability | 20% |
| Cybersecurity | 20% |
| Business Continuity | 10% |
| Reliability | 10% |
| Scalability | 5% |
| Others: integrity, governance, monitoring, modularity, flexibility | Not stated |
Purpose
- Test whether trading, clearing, settlement and depository systems survive shocks, cyberattacks, glitches and volume surges.
Exam angle
- Regulator: SEBI; applies to MIIs.