ASX says its DLT-as-a-Service platform is now production-ready
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.
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.
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.
Major markets globally have suffered outages in 2020. Hayley McDowell considers whether exchanges should be doing more to ensure markets operate efficiently and without disruption.
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.
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.
The post-trade blockchain project at ASX has been pushed back by one year as the exchange faced pressure from users to delay the launch.