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Sebi to create virtual securities market museum – business news
Regulator Sebi is planning to create a virtual securities market museum to highlight the achievements and milestones of the Indian capital market.
In a notice, Sebi invited agencies to express interest (EoI) in developing the virtual museum.
The museum is intended to be a curated online visual collection of the history of the evolution, achievements and milestones of the Indian securities market over the decades in terms of market infrastructure, regulation and enforcement. , among others, said Sebi.
Achievements will be told through photos, videos, articles, newspaper clippings, interactive displays like quizzes, paintings, drawings, diagrams, charts, newspaper articles, interview transcripts and digital databases, among others.
Information relating to the history of securities laws as well as the establishment of stock exchanges in India and the history of institutions important to the securities market including UTI and the Futures Market Commission (FMC) , would be used as content for the proposed museum, he said.
In addition, business practices, rules, regulations before and after the establishment of Sebi or FMC, commodity trading during the period of the rulers of various dynasties and historical judgments for the securities market, among others, would be exhibited in the museum.
In addition, information relating to the development of the situation due to events such as World War, India’s independence and economic liberalization would be exhibited via audio / video / images / articles / works of art. on the virtual museum.
Sebi said the proposed museum is expected to become a unique resource for knowledge of the Indian securities market – a must-see place for any student, researcher, investor and market participant with an interest in the securities market.
“The museum would offer best-in-class engagement with the latest technology, imparting knowledge and content to the securities market in India,” said the Securities and Exchange Board of India (Sebi).
It will have its own digital platform and website for online visitors to give them the maximum experience and interest possible, similar to physical museums.
The virtual museum will engage the audience with creative content through various means such as video, audio, chat bot, voice assistants, virtual reality, analysis, interactive and animated elements.
The latest technologies – analytics, virtual reality or augmented reality, artificial intelligence, and machine-to-machine communication – would be used to provide the best showcase and experience possible.
Besides English, the online platform is expected to be able to develop and distribute content in Hindi and other Indian languages.
Interested agencies should send their applications to the Financial Markets Watchdog by August 24.
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