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TMI BlogRevised Guidelines for Capacity Planning and Real Time Performance Monitoring framework of Market Infrastructure Institutions(MIIs)X X X X Extracts X X X X X X X X Extracts X X X X ..... r 03, 2024 prescribes capacity planning framework for Depositories. 2. MIIs (i.e. Stock Exchanges, Clearing Corporations and Depositories), being systemically important institutions, provide infrastructure necessary for the smooth and uninterrupted functioning of the Securities Market. Therefore, it is imperative for the MIIs to continuously assess and monitor their system capacities. Over the years, owing to the growth of the securities market, MIIs have experienced increase in volumes, which necessitated augmenting their infrastructure relating to trading, clearing and settlement etc. 3. The framework adopted by the MIIs for their capacity planning was reviewed by SEBI in consultation with the Technical Advisory Committee (TAC) of SEBI. B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t factors including futuristic factors as mentioned at Clause number 3.1 above. However, MIIs may also calculate the projected peak load for time duration shorter than 60 days. The exact duration of sustained peak load to be considered by MIIs to calculate the projected peak load shall be decided based on the consultation with their SCOT. However, the outer limit for sustained peak load shall be 10 seconds for Stock Exchanges and Clearing Corporations and 5 minutes for Depositories. 3.5 MIIs shall conduct comprehensive stress testing on quarterly basis to identify the impact on throughput/performance/latency metrics when compared to lean period by stressing the existing load scenarios to various multiples. 3.6 MIIs shall ensure that applica ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ccordingly. A dedicated team should monitor such alerts and SOPs should be put in place to address such alerts in a timely manner to ensure performance of systems/applications/processes of MIIs. The said performance monitoring and alert system shall be reviewed on quarterly basis. 3.11 Alerts generated from the monitoring and detection systems shall be dealt proactively including necessary actions such as infrastructure up-gradation, addition of IT resources etc. shall be taken immediately to address the issue effectively. 3.12 All MIIs shall maintain an asset register of all IT components and monitor their usage on a continuous basis. MIIs shall examine and establish an appropriate threshold on utilization of each component. If actual util ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r take corrective measures during real time. Such policy shall also be reviewed at least on annual basis by the MII. 4. Considering the above, Stock Exchanges, Clearing Corporations and Depositories are advised to submit their revised guidelines to SEBI on capacity planning and real time performance monitoring of all IT systems after taking approval from SCOT and Governing Board within 3 months from the date of this Circular. 5. The provision at para 3.1 shall come into effect 3 months from the date of this circular. The remaining provisions of this circular shall come into force with immediate effect. 6. This Circular supersedes the Clause 12.1 of Chapter 2 of SEBI Master Circular dated October 16, 2023 and Clause 4.62 of SEBI Master Circu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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