From guidelines to implementation: Meeting SEBI’s 2025 capacity mandate with real-time monitoring and predictive analytics

How ITRS delivers regulator-grade observability for MIIs

The Securities and Exchange Board of India (SEBI) has made its position clear: Operational resilience must be measured, monitored, and proved.

As of December 2024, SEBI’s circulars require Market Infrastructure Institutions (MIIs), including stock exchanges, clearing corporations, and depositories, to maintain:

• 1.5× projected peak capacity
• 10-second sustained performance tracking
• Real-time visibility into infrastructure and application performance
• Audit-ready reporting to demonstrate compliance

For technical teams, this isn’t just a compliance requirement, it’s a complex architectural and data engineering challenge. So what’s the best way to solve it?

What SEBI actually requires, in technical terms

Let’s break it down:

1.5× peak capacity based on 180-Day trends

SEBI mandates that MIIs provision at least 150% of their projected peak load, not just based on manual estimates, but from actual usage trends over the last 180 days.

Implication: You need accurate, granular data collection across compute, memory, throughput, and queue length metrics, and tooling to forecast future peak load under different conditions.

10-second sustained load tracking

This is one of the more nuanced requirements. SEBI wants MIIs to track performance under sustained stress, not just instantaneous spikes.

Implication: You need high-frequency sampling (1-second) to calculate sustained 10s averages and detect degradation before it breaches SLAs.

Real-time system performance visibility

SEBI requires immediate action if 10-second sustained peak exceeds 75% of installed capacity, particularly during trading hours or performance incidents.

Implication: You need a real-time observability layer with sub-second granularity, not just log aggregation or batch metrics.

Audit-ready evidence and retention

Regulators want to see proof: capacity forecasts, breach history, evidence of monitoring, aligned to their definitions, not your internal ones.

Implication: You need long-term historical data, compliance-aligned reporting templates, and ideally an automated audit trail.

Additionally, SEBI requests end-to-end observability across the entire system and network architecture. Our platform meets this with a modular plugin ecosystem of over 100 probes, offering seamless coverage from network infrastructure to application performance, enabling MIIs to deliver the mandatory connectivity visibility and audit evidence regulators expect.

The technical challenge: Most tools don’t go deep enough

Traditional monitoring and dashboarding platforms (e.g. Splunk, Datadog, or Grafana) typically offer:

• Log and metric aggregation
• High-level alerting
• Visualization dashboards

What they don’t offer is what SEBI (and other regulators) now require:

• Sustained load metrics (10s windows) tied to regulatory thresholds
• Capacity planning based on actual historical peak demand
• Forecasting models aligned to 1.5× provisioning rules
• SEBI-specific compliance reporting outputs

That’s why we built the ITRS solution differently.

How the ITRS capacity optimization solution works

A single platform to meet SEBI’s (and other regulators’) technical expectations

• Real-time performance monitoring at sub-second granularity
• Capacity forecasting, risk modelling, and compliance reporting

Technical architecture benefits

• Works across on-prem, hybrid, and cloud environments
• Integrates with existing probes, collectors, and telemetry pipelines
• Uses event-driven analytics to forecast demand and detect risk early
• Supports multi-environment baselining for clustered or distributed trading architectures

FAQ highlights for technical teams

How does ITRS calculate sustained load metrics?

Using 1-second data sampling intervals, we calculate rolling 10s averages for key system metrics (CPU, memory, disk I/O, network, queue length). These are mapped to SEBI’s required thresholds and made available for real-time alerting and historical reporting.

Can I model what 1.5× capacity looks like in my current setup?

Yes. ITRS Analytics lets you apply capacity multipliers over historical peak data, visualizing whether current infrastructure can meet SEBI’s required headroom.

How long is data retained for audit or inspection purposes?

Retention is configurable. For SEBI compliance, we store at least 180 days of raw and trend data by default. Longer retention is possible depending on your audit and internal policy needs.

Does this require moving data offsite or to cloud?

No. The ITRS solution can be deployed fully on-premises or in a hybrid model, depending on your data governance and privacy constraints.

The bottom line for MIIs

SEBI’s 2025 deadline has passed. What matters now is how quickly you can prove your systems are compliant, with evidence.

With ITRS, you get a purpose-built solution, not a stitched-together toolkit. You’ll meet SEBI’s monitoring, forecasting, and reporting requirements, while laying the foundation to align with APRA, BSP, and DORA as they converge globally.

Meet SEBI’s capacity standards with confidence

Ready to go deeper? Book a custom demo and discover how ITRS capacity optimization provides sub-second visibility, 10s sustained load tracking, and automated compliance reporting—purpose-built for MIIs operating under SEBI’s framework

Learn more about the ITRS Compliance and Capacity Planning solution