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SEBI Chief Says Technology Aids Investing, But Accountability Remains

SEBI Chief Says Technology Aids Investing, But Accountability Remains
Watch: #SEBI Chief Tuhin Kanta Pandey Warns How Technology Can Aid #Investment Decisions · livemint.com

SEBI Chairman Tuhin Kanta Pandey spoke about using technology when making investment decisions.

He said computers and algorithms can help people judge investments.

However, he said technology should not replace human responsibility.

A person must understand how an investment model works.

That person should also know the assumptions used by the model.

Pandey said the data must be accurate and the models must be properly managed.

He also emphasized cybersecurity and protecting clients’ information.

His message was that technology can help investors, but people must remain accountable for decisions.

Key facts

Speaker
Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India.
Subject
Technology’s role in investment decisions.
Technology’s benefit
It can strengthen investment judgment.
Human responsibility
People must understand the assumptions behind models contributing to investment calls.
Key safeguard
Data quality and model governance.
Security priorities
Cyber resilience and protection of client information.

Sources

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