The Securities and Exchange Board of India has constituted a Working Group to design a comprehensive technology roadmap for Market Infrastructure Institutions (MIIs) over the short term (five years) and long term (ten years). The initiative recognises the rapid evolution of technology and the growing dependence of securities markets on digital systems for trading operations, surveillance, risk management, investor protection, and regulatory supervision. The Working Group will adopt a holistic and forward-looking approach to the use of emerging technologies such as artificial intelligence and machine learning, distributed ledger technology, cloud computing, SupTech and RegTech solutions, tokenisation, and quantum-safe systems. The Group is chaired by Dr. D. B. Phatak and includes chairpersons of MIIs’ Standing Committees on Technology, senior representatives from stock brokers and registrars and transfer agents, along with technology and securities market experts. The move is intended to ensure that India’s securities market infrastructure remains resilient, globally competitive, and aligned with the nation’s long-term digital economy vision.
Securities and Exchange Board of India
SEBI Constitutes Working Group on Technology Roadmap for Market Infrastructure Institutions (MIIs)
The Securities and Exchange Board of India (SEBI) has constituted a Working Group to formulate a short term (5-years) and long term(10-years) Technology Roadmap for Market Infrastructure Institutions (MIIs). The Working Group has been constituted in view of the rapid evolution of technology and the increasing role of digital systems in market operations, surveillance, risk management, investor protection, and regulatory oversight. The working group will take a holistic and forward-looking view on adoption of emerging technologies by MIIs such as AI/ML, distributed ledger technology, cloud computing, SupTech and RegTech solutions, tokenisation, and quantum-safe systems.
The Working Group is chaired by Dr. D.B Phatak, Professor Emeritus, IIT Bombay and comprises the Chairpersons of the Standing Committee on Technology (SCOT) of MIIs, Senior officials from Stock Brokers, Registrars and Transfer Agents (RTAs), and Technology and Securities Market experts. The constitution of the Group is aimed at ensuring that Indian Securities Market remains future-ready, resilient, globally competitive, and aligned with India’s long-term vision and aspirations of a digitally empowered and developed economy.
Mumbai
January 08, 2026
