Investor Risk Reduction Access Platform
Recently, the Securities and Exchange Board of India (SEBI) launched the Investor Risk Reduction Access (IRRA) Platform.
Need
- In recent times, with increasing dependence on technology in the securities market, there is a rise in instances of glitches in trading members’ systems, some of which lead to the disruption of trading services and investor complaints.
- Recognising that existing business continuity plans may not always prevent disruptions, such as delays in moving to a Disaster Recovery site or cyber-attacks, this platform will as a safety net, providing a backup solution for potential disruptions in trading services.
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