TMI BlogTesting Framework for the Information Technology (IT) systems of the Market Infrastructure Institutions (MIIs)X X X X Extracts X X X X X X X X Extracts X X X X ..... ise a comprehensive testing framework to manage the IT systems/applications of MIIs throughout their lifecycle, which can assist the MIIs in performing thorough risk assessment before deploying any IT systems in production/ live environment. 2. Based on the recommendations of the Technology Advisory Committee (TAC), MIIs are hereby directed to ensure the following requirements while establishing the testing framework of their IT systems/applications: - a) All MIIs should do extensive testing, validation and documentation whenever new systems/ applications or changes to existing systems/applications are introduced before the deployment in production/live environment. b) A comprehensive methodology for system testing, functional tes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f any kind. h) All MIIs should perform regression testing for changes (e.g. enhancement, rectification, etc.) to an existing IT system to validate that it continues to function properly after the changes have been implemented. After fixing the defects found during the testing, all MIIs shall perform regression testing again to ensure that other existing functionalities are not affected during fixing the defects. All MIIs shall explore to capture the automated test cases so that regression testing can be performed multiple times with much wider coverage test cases in a short time. i) All MIIs may institute tools to measure test/code coverage to assess comprehensiveness of the test. j) All Issues identified from testing, including s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of and to regulate the securities market. 5. The circular is issued with the approval of competent authority. 6. The circular shall come into force with immediate effect. 7. This circular is available on SEBI website at www.sebi.gov.in under the categories Legal Framework and Circulars . Yours faithfully, Ansuman Dev Pradhan Deputy General Manager +91-22-26449622 ansumanp@sebi.gov.in - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmana ..... X X X X Extracts X X X X X X X X Extracts X X X X
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