ASIC looks to mitigate risks of future ASX tech upgrades by imposing additional licence conditions on three licences held by the equities exchange.
Exchange says 20 firms already exploring Synfini which uses the same technology as ASX’s flagship CHESS replacement but is offered as a cloud service.
ASX says DLT project on-track for 2023 as exchange gets ticking off over clearing and settlement issues
Reserve Bank of Australia points out that ASX had only “partly observed” operational risk standards across its clearing and settlement platforms, in a review of the exchange.
IBM review of a market outage at ASX in November has suggested the system was not ready to go live and did not have the appropriate governance.
Departing deputy CEO leaves ASX to pursue interests in FinTech and blockchain technology.
ASX said the market would remain closed until 17 November following an issue with Nasdaq software that created inaccurate market data.
The latest delay will push the DLT post-trade project at ASX back to April 2023, as the exchange again cites COVID-19 as a cause.
The ASX DataSphere platform can be deployed for collaboration, commercialisation or as a data-as-a-service solution.
Majority of banks and brokers will be ready for ASX blockchain-based post-trade system in 2022, says exchange
A recent consultation by the ASX on the CHESS replacement timetable, showed around 91% of CHESS users said they will be able to meet the revised go-live date.