SEBI has discontinued the Investor Risk Reduction Access (IRRA) platform. It was operational from 1st October 2023, intended to provide stock brokers an alternative trading access point during disruptions. It noted that several technology-driven reforms, including Business Continuity Planning and Disaster Recovery (BCP-DR) measures, cyber resilience frameworks, Market Security Operations Centre (M- SoC), improved technical glitch mechanisms, and enhanced trading infrastructure, had significantly strengthened brokers’ operational resilience. The IRRA platform remained unused and was considered structurally redundant by Stock Exchanges.
