Market regulator Sebi is planning to beef up its market surveillance system with the upgrade of its IT infrastructure.
The market watchdog undertakes its market surveillance functions through integrated market surveillance system (IMSS), which was put on use from 2013, and collects data for suspicious market activities through multiple sources, including its network systems at exchanges and depositories.
In this regard, Securities and Exchange Board of India (Sebi) has invited applications from the interested companies for the upgrade of IT infrastructure of IMSS.
"The scope of the work comprises supply, installation, configuration, operationalisation and maintenance of IT infrastructure," it added.
The system collects transaction
