Securities and Exchange Board of India (SEBI) has constituted a working group to formulate a short-term (5-year) and long-term (10-year) technology roadmap for Market Infrastructure Institutions (MIIs). This is in light of technology's rapid evolution 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 of the adoption of emerging technologies by MIIs. These technologies include AI/ML, distributed ledger technology, cloud computing, SupTech and RegTech solutions, tokenisation, and quantum-safe systems.
Dr. D.B Phatak, Professor Emeritus, IIT Bombay chairs the working group. The group includes 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 the Indian Securities Market remains future-ready, resilient, globally competitive and aligned with India's long-term vision.
Press Release Number: PR No.02/2026.
Date: January 08, 2026 (Mumbai).
Contact: Communications Division, SEBI Bhavan, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051.
Telephone: +91-22-26449000.
Email: press@sebi.gov.in.
Website: www.sebi.gov.in.
Key Entities Referenced
Securities and Exchange Board of India (SEBI): Regulatory body that constituted the Working Group.
Market Infrastructure Institutions (MIIs): Institutions for which the technology roadmap is being developed.
Working Group: Group constituted by SEBI to formulate a technology roadmap.
Standing Committee on Technology (SCOT): Committee of MIIs whose chairpersons are members of the Working Group.
Mumbai: Location of the press release.
PR No.02/2026
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
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