A market infrastructure implementation of this nature will have risks that must be managed effectively with all involved parties, including participants, taking necessary action to mitigate the risks, the key risks and mitigation measures include:
Stakeholder Readiness
POs, ISVs, and IVs require sufficient time to update their systems and prepare for onboarding and cutover. Bursa Malaysia is making early announcements and will issue specifications as early as possible to provide all stakeholders with adequate time to plan and execute the necessary changes.
Performance & Reliability
Any new system requires a period of stabilisation. Comprehensive performance, failover, and disaster recovery tests are planned to ensure BTS3 meets the required performance and resiliency standards before go-live.
Resource Constraints
Concurrent implementations across the region place pressure on both vendor and participant resources. This risk is mitigated through early planning, advance resource allocation, and keeping system changes to a minimum.
Hardware Procurement & Lead Times
Global supply chain constraints have significantly extended hardware delivery timelines. Participants are strongly advised to determine their hardware requirements early and procure accordingly.