Audits for Trading Systems

Service Detail:

Orchidseven provides professional system audit services to Trading facilities using CTCL/ IBT/ DMA / ATF facility. The audit covers various aspects of trading facility issued by SEBI and the Exchange from time to time.

We cover the following areas/aspects:

  • Existing features and system parameters implemented in the trading system.
  • Identify the adequacy of input, processing and output controls
  • Identify the adequacy of the application security so that it commensurate to the size and nature of application.
  • Event logging and system monitoring.
  • User management.
  • Password policy/standards
  • Test of adherence to policies
  • Network management and controls
  • Change management and version controls.
  • Backup systems and procedures
  • Business continuity and disaster recovery plan
  • Documentation for system processes
  • Security features such as access control network firewalls and virus protection measures.
  • Any other area/aspect which may be material for inclusion in the audit certificate and/or which may be specified by the Exchange from time to time.

Deliverables:

  1. System Audit report in format specified by the Exchange
  2. Audit of Multiple branches
  3. Network diagram assessment and certification
  4. SSL Certificate audit
  5. Compliance report

Orchidseven Audit reports for Trading systems are fully compliant by the provisions of Rules, Bye-Laws and Regulations of MCX Stock Exchange Limited.

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