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Reporting for Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by Market Infrastructure Institutions (MIIs)

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..... ificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by Market Infrastructure Institutions (MIIs) Background 1. SEBI is conducting a survey and creating an inventory of the AI / ML landscape in the Indian financial markets to gain an in-depth understanding of the adoption of such technologies in the markets and to ensure preparedness for any AI / ML pol .....

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..... ML based applications or systems as defined in Annexure A offered or used by them, and submit the same in soft copy only at [email protected] (for Stock Exchanges) / [email protected] (for Depositories) / [email protected] (for Clearing Corporations) to SEBI on a quarterly basis within 15 days of the expiry of the quarter, with effect from quarter ending March 31, 2019. 5. This circ .....

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..... er intelligence from unstructured data. - In this case, Voice to text, text to intelligence systems in any natural language will be considered in scope. Eg: robo chat bots, big data intelligence gathering systems. 2. Neural Networks or a modified form of it. - In this case, any systems that uses a number of nodes (physical or software simulated nodes) mimicking natural neural networks of any scal .....

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..... ned set of categories 5. A system that uses a feedback mechanism to improve its parameters and bases it subsequent execution steps on these parameters. 6. A system that does knowledge representation and maintains a knowledge base. Annexure B - Form to report on AI and ML technologies - to be submitted quarterly S/N Head Value 1 Entity SEBI registration number 2 Registered entity catego .....

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