The Securities and Exchange Board of India (SEBI) has introduced the ‘IT Resilience Index’ (ITRI) Framework for Market Infrastructure Institutions (MIIs) to evaluate the robustness and operational resilience of their critical Information Technology (IT) systems.
The ITRI will assess the technology systems of MIIs using nine parameters.
Within the framework, availability and security are assigned the highest weightage of 20% each.
Integrity, governance, reliability and monitoring, business continuity, and modularity and flexibility each carry a 10% weightage, while scalability is allocated 5%.
The Early Warning System (EWS) and Real Time Monitoring of Service Delivery must be operationalised by February 2027, with the inaugural ITRI computation covering the half-year ending March 2027.
