The Securities and Exchange Board of India (SEBI) mandates regular system audits for various market participants to ensure the integrity, security, and efficiency of trading systems. Our SEBI System Audit services provide comprehensive evaluations of your technology infrastructure, helping you maintain compliance while optimizing your operations.
Who Needs SEBI System Audit?
Stock Brokers and Trading Members
Clearing Members
Stock Exchanges
Depositories
Depository Participants
Asset Management Companies
Mutual Fund Organizations
Objectives of SEBI System Audit
The SEBI System Audit aims to independently evaluate and verify the effectiveness of IT systems, controls, and compliance measures implemented by market intermediaries.
Ensure Regulatory Compliance
Our primary objective is to ensure your systems fully comply with SEBI’s regulatory requirements. We conduct thorough assessments to verify that all technical specifications, security measures, and operational procedures align with current regulations, helping you avoid penalties and maintain your market participation status
Enhance System Performance
We aim to optimize your trading infrastructure by identifying performance bottlenecks and recommending improvements. Our audit examines system capacity, response times, and processing capabilities to ensure your technology infrastructure can handle peak trading volumes while maintaining stability and reliability.
Strengthen Risk Controls
Our audit objectives include evaluating and enhancing your risk management systems. We assess the effectiveness of pre-trade risk controls, post-trade monitoring systems, and real-time risk management capabilities to protect your organization from operational, financial, and regulatory risks.
Improve Operational Efficiency
We focus on streamlining your operational processes by identifying areas where automation, integration, or process improvements can enhance efficiency. Our recommendations aim to reduce manual interventions, minimize errors, and optimize resource utilization.
Key Areas of System Audit
Trading Infrastructure Assessment
We evaluate your trading infrastructure, including order management, risk systems, and terminals to ensure they meet SEBI requirements while supporting your business goals.
Business Continuity Evaluation
Our team analyzes your disaster recovery and business continuity plans, including backup systems and failover procedures, to verify operational resilience and regulatory compliance.
Access Control Review
We review access control systems, covering user management and authentication protocols, to ensure proper duty segregation and effective activity monitoring across trading platforms.
System Security Analysis
Our security assessments examine your network architecture and security protocols to identify vulnerabilities and provide recommendations that align with SEBI guidelines.
Why Choose Aspirehigh for SEBI System Audit?
Experienced team of certified system auditors
Comprehensive understanding of SEBI regulations
Industry-specific expertise
Timely audit completion
Detailed reporting and documentation
Post-audit support and guidance
Our Audit Process
Initial Scope Assessment
Document Review
System Testing and Evaluation
Gap Analysis
Detailed Reporting
Remediation Guidance
Follow-up Support
FAQs
What is the cost of SEBI System Audit Services?
The cost varies based on your organization’s size, complexity of systems, and scope of the audit requirements. We provide customized pricing after an initial consultation that assesses your specific needs and regulatory obligations. Contact us for a detailed quote tailored to your organization.
How long does a SEBI System Audit take?
A typical SEBI System Audit takes between 2-4 weeks to complete. However, the exact duration depends on factors such as your organization’s size, system complexity, and the number of locations involved. We work efficiently to minimize any impact on your operations while ensuring a thorough audit.
Will SEBI System Audit Services disrupt my business operations?
Our audit process is designed to minimize disruption to your daily operations. We conduct most assessments during non-peak hours and work closely with your team to schedule system reviews at convenient times. Our experienced auditors use non-invasive testing methods that allow your systems to continue functioning normally during the audit.
Is ISO 27001 a legal requirement?
Upon completion of the audit, you receive a comprehensive report that includes:
Detailed findings and observations
Compliance status assessment
Risk analysis and recommendations
Gap analysis with regulatory requirements
Actionable remediation plan
Executive summary for management review
How often do I need to conduct a SEBI System Audit?
SEBI mandates an annual system audit for regulated entities. However, significant system changes or upgrades may require additional audits. We recommend quarterly internal assessments to maintain continuous compliance and system effectiveness between mandatory annual audits.
How can SEBI System Audit Services help me improve my security posture?
Our audit process identifies vulnerabilities and controls weaknesses in your trading systems and related infrastructure. We provide detailed recommendations for enhancing security controls, improving monitoring capabilities, and strengthening incident response procedures. This comprehensive assessment helps you build a more robust security framework while ensuring regulatory compliance.
