In a bid to modernise the domestic securities market, Securities and Exchange Board of India (SEBI) has constituted a ten-member advisory committee on financial and regulatory technologies, the country’s securities market regulator has said in a note.
Headed by TV Mohandas Pai of Manipal Global Education, the panel will examine, deliberate and advise SEBI on
fintech solutions for widening and deepening of the market via new products such as automated trading systems, robo-finance, and equity crowd funding and dark pools.
The committee comprises Prakash Baliarsingh, CGM, RBI; AP Hota, MD and CEO, National Payments Corporation of
India; Diana Layfield, VP-product management, Google, London; Vijay Shekhar Sharma, founder and CEO, Paytm; and Anup Bagchi, executive director, ICICI Bank, Anup Bagchi, former MD and CEO, ICICI Securities; Pulak Ghosh, professor, decision sciences and information systems, IIM Bangalore, among others.