Securities Surveillance System & Maintenance
Preventive Maintenance
Detail the schedule for preventive maintenance activities, such as regular health checks, system audits, and firmware updates
Specify if remote monitoring tools will be utilized to proactively identify and address potential issues before they cause disruptions
Remote Monitoring
On-Site Support
Clarify the terms for on-site support, including the number of on-site visits included in the contract and any additional charges for extra visits
Replacement of Defective Parts
Define the process for the replacement of faulty hardware components and whether the cost of replacement parts is included in the AMC
Software Updates and License Management
Specify whether the contract covers software updates, including operating system patches and application updates, and how software licenses are managed


Backup and Recovery
Outline the backup and recovery procedures covered by the contract, including frequency, data retention policies, and restoration processes


Security Measures
Include provisions for security-related tasks, such as firewall configuration, antivirus updates, and intrusion detection


Renewal Terms
Clearly state the terms for contract renewal, including any changes in pricing or services. Specify the notice period for termination.


Penalties and Compensation:
Define penalties or compensation mechanisms in case the service provider fails to meet the agreed-upon service levels or response times.