BSE, Asia’s oldest exchange and currently the world’s fastest exchange with the speed of 6 microseconds has become India’s first ever stock exchange to get certified with International Standard for Business Continuity Management System (ISO22301:2012) BCMS.
BSE has been accredited with ISO 22301:2012 certification for Business Continuity Management Standard (BCMS) by DNV GL, an international accredited registrar and classification society headquartered in Høvik, Norway. This certificate was presented to Shri Ashishkumar Chauhan, MD & CEO, BSE, by Shri Prakash Tikare, Country Head-India, DNV GL on 7th May 2019.
Shri Prakash Tikare lauded BSE and its team for the feat and said, “BSE has very matured Information Security Management System (ISO 27001) in place over the years and now with the implementation of Business Continuity Management System (ISO 22301), BSE has taken an important step forward. DNV GL is proud to be partnered with BSE in this program and wish BSE and its team all the very best.”
He added that BSE is a national pride and symbol and that the certification will present a formal assurance to all stakeholders of BSE about existence of Management System with the ability to sustain interruptions against business. He also appreciated the state-of-art setup of 24X7 Next Generation Cybersecurity Operations Centre, as a strong measure against cyber threats to sustain business.
Shri Ashishkumar Chauhan, MD & CEO, BSE congratulated the teams of BSE for their pioneering achievement and stated that the certificate represented the management and the team’s commitment to its customers and stakeholders. He said that the implementation of the standard is in a manner that is aligned with its strategic and operational objectives as well. It is a proactive step on BSE’s behalf to provide its customers with assurance that the exchange has a management system to ensure continuity of business in situation of disruption or disaster.
This certification further evidences the commitment and high quality of the services provided by BSE and its constant alignment to legal and regulatory requirements of SEBI governing its operations and business.