Capital Markets

The landscape

Many regulators. Zero tolerance for downtime.

Market infrastructure must be both continuously compliant and continuously available — across every jurisdiction it operates in.

Regulatory pressure

SEBI CSCRF prescribes detailed, evidenced controls for regulated entities; cross-border operations add DORA, MiFID II, NIS2 and exchange-specific rules — each demanding continuous, auditable compliance.

Threat landscape

Availability attacks on trading and settlement systems, data-integrity tampering, and compromise across the member/broker ecosystem carry systemic consequences far beyond a single firm.

Key risks

What the market puts on you.

Market infrastructure uptime

Seconds of downtime in trading or settlement cascade across participants and draw immediate regulatory scrutiny.

Multi-jurisdiction mandates

SEBI CSCRF, DORA and MiFID II overlap and diverge; mapping them by hand is slow and error-prone.

Latency-sensitive systems

Controls must protect without adding latency to systems where microseconds matter.

Member & broker ecosystem

Your posture is only as strong as the connected members and brokers you cannot fully control.

Data integrity

Tampering with trade, settlement or reference data undermines market fairness and trust.

Defensible evidence

Regulators expect proof, not assertions — continuous, timestamped evidence of control effectiveness.

How Zeron helps

Defensible compliance, mapped to your modules.

Zeron turns overlapping mandates into one continuously-verified, quantified posture.

ConformityMandate mapping

Native SEBI CSCRF mapping plus DORA, MiFID II and NIS2 — controls mapped once, continuously verified, with auditor-ready dossiers generated on demand.

InternoControl verification

Continuously verifies control effectiveness across trading, settlement and supporting systems, surfacing drift before an auditor — or an attacker — finds it.

Vendor PulseEcosystem risk

Scores members, brokers and technology providers continuously, exposing systemic concentration risk across the connected ecosystem.

Cyber NavigatorCRQ

Quantifies systemic cyber risk in financial terms, so the board and regulators see exposure as a defensible number, not a colour on a heat-map.

◆ ZAK agents

Governed ZAK agents continuously verify controls, assemble mandate evidence and compile auditor dossiers — every action timestamped and policy-bound, so compliance is provable rather than periodic.

Mandates

Every market regulator, one mapping.

Map once; satisfy each jurisdiction you operate in.

SEBI CSCRF DORA MiFID II NIS2 ISO 27001 SOC 2 NIST CSF CERT-In PCI-DSS

Outcomes

What capital-markets teams get.

100%

Mandate coverage

Native

multi-mandate mapping

Continuous

Control verification

On-demand

Auditor dossiers

Coverage reflects supported frameworks; applicability depends on entity type and jurisdiction.

“The CRQ module assesses risks across different functions and areas within the organisation, providing valuable suggestions and remediation steps to mitigate them. It allows teams to effectively communicate the associated risks, including their potential financial impact.”

Basil Dange — CISO of Aditya Birla Sun Life AMC

FAQ

Capital Markets, answered.

Does Zeron support SEBI CSCRF compliance?+

Yes. Zeron natively maps to SEBI CSCRF, continuously verifies the prescribed controls against live telemetry, and generates auditor-ready dossiers — giving regulated entities quantified, defensible cyber risk.

Can Zeron handle multiple market regulators at once?+

Yes. Controls are mapped once and crosswalked across SEBI CSCRF, DORA, MiFID II and NIS2, so cross-border market infrastructure reports to each jurisdiction without duplicating effort.

How does Zeron quantify systemic cyber risk?+

The Cyber Navigator (CRQ) module expresses exposure in financial terms, modeling impact across interconnected trading, settlement and member systems so the board and regulators see a defensible number.

Does Zeron cover the member and broker ecosystem?+

Yes. Vendor Pulse continuously scores connected members, brokers and technology providers, surfacing concentration and systemic risk across the ecosystem you depend on.