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Co-founder & CEO, Sahi.com | CTO Excellence Award 2024 | ex-CTO Swiggy | ex-Amazon Director

Understanding the Significance of NSE's Upcoming DR Switch Over! The National Stock Exchange of India Limited (NSE) has announced a special live trading session for Saturday, May 18, 2024. This session, involving the equity and equity derivatives segments, features an intra-day switch over to the disaster recovery site. Why This Matters for Investors: Background Insight: SEBI's stringent technical regulations govern the backbone of our market—Market Infrastructure Institutions (MIIs) which include Exchanges, Depositories and Clearing Houses. These MIIs are pivotal in ensuring our financial markets operate smoothly. Protection Against Disruptions: To shield our markets from unexpected disruptions, SEBI has crafted robust Business Continuity Plan (BCP) and Disaster Recovery (DR) guidelines. These include: Primary Data Center (PDC): The epicenter of data, operating in sync with a Near Site (NS) and asynchronously with a Disaster Recovery Site (DRS). Near Site (NS): Guarantees zero data loss by mirroring data synchronously with the PDC. Disaster Recovery Site (DRS): Maintains operations in a different seismic zone, ensuring resilience and continuity. Additional Safeguards Include: Geographic Distribution: DRS must be over 500 km from the PDC or in a different seismic zone to mitigate disaster impact. System Configuration: Hardware, software, and network setups at DRS/NS are identical to those at PDC for seamless transitions. Skilled Manpower: Equipped staff at DRS/NS ensure independent operation during disruptions. Recovery Objectives: Aiming for a Recovery Time Objective (RTO) under 4 hours and a Recovery Point Objective (RPO) within 30 minutes. Testing and Documentation: Regular DR drills and detailed reporting of test outcomes to SEBI. ************ Next week's session is more than just trading; it's a rigorous test of our systems' ability to smoothly transition under real-world conditions. The complexity of live-switching to a geographically separate DR while handling live transactions is immense. The planning, technical skill, and execution effort involved in such a test will be significant. Kudos to the tech teams involved in this test. Wishing them success for a seamless test execution! #NSE #SEBI #DisasterRecovery #FinancialMarkets #Technology #BusinessContinuity #StockMarket #Trading Aaritya #Sahi

Emon Mishra

Senior Software Engineer at Amazon

4mo

The depth and specifics of SEBI’s guidelines are just amazing! I won’t be surprised if SEBI decides to drive compliance check centrally against these specifications.

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Selva Venkatesh P

Growing Mydbops | Channel Partners, Key Accounts

5mo

Yes very critical activity when comes to DR switch.

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