Central Depository Services (India) Ltd (CDSL), in partnership with KPMG in India, has released the third edition of its Reimagine thought leadership report titled “Reimagine: Securities Market through Data Synergy,” proposing a Creation–Control–Culture (3C) framework to drive data-led transformation across India’s securities market.
The report underscores that “data risk is market risk” and highlights the need for structured data governance to boost resilience, transparency, and innovation. It proposes building shared data infrastructure, embedding cyber safeguards, and fostering responsible data practices. A central regulatory operating model has also been suggested to improve interoperability, align regulatory expectations, and strengthen investor protection in an increasingly data-driven ecosystem.
CDSL MD & CEO Nehal Vora said data synergy can enable innovation while strengthening trust, supporting India’s journey towards a “Viksit Bharat.” KPMG’s Akhilesh Tuteja noted that treating data as core infrastructure will be critical to sustaining market leadership and investor confidence. In Guwahati, the report’s emphasis on data access and multilingual investor education is expected to boost retail participation in Assam. As more investors enter capital markets, improved digital systems and stronger safeguards could enhance trust and deepen financial inclusion in the region.
