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Showing 21 - 30 of 31 results for "CHESS Replacement Project"

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... legacy technology there is a risk that some IT assets may not be fully supported by vendors before the CHESS Replacement project is completed," ASIC said. Furthermore, ASIC sees that the growing scarcity of engineers and other technicians to operate ...

ASX CHESS lead to become chief information officer

CHLOE WALKER  |  WEDNESDAY, 24 MAY 2023
... selected to lead the ASX's CHESS Replacement Solution Design work, following its decision to reassess CHESS replacement project. In his new role, Whiteley will be responsible for the group's enterprise technology functions, technology and data security ...

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... deficiencies. The External Review Special Report, due June 30, will be an independent review into the CHESS replacement project. The second additional report, P PPM Special Report, due on 29 September, will detail the ASX's frameworks for the governance ...

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
... institutional involvement in digital assets, including cryptocurrencies, and the future direction of the ASX's CHESS replacement project. "Innovation, digital asset evolution and standards remain critical to achieving efficiency in custody and investment ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... further uplift by the ASX with respect to its governance arrangements, Lowe added. The ASX dumped the CHESS replacement project in November, writing off approximately $255 million in investments already made. In response, ASIC said the regulators will ...

ASX dumps CHESS replacement project

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
More than seven years on from when talk of a CHESS replacement began, the ASX has confirmed it will go back to the drawing board, writing off about $255 million in investment already made. The bourse first touted it would look to replace CHESS in February ...

CHESS replacement delayed further, review underway

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... set a realistic go-live date, saying current indications suggest it won't launch before late 2024. The CHESS replacement project has been underway for some time, originally slated for launch in April 2021. This was pushed to April 2022 and then April ...

ASX CHESS replacement delayed again

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
... ingredient," the ASX said. The existing CHESS system remains robust and continues to perform, it added. The CHESS replacement project has been in the works for several years now. It was originally slated to go live in April 2021 and was then pushed to ...

ASX posts mixed results

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
... to moderate to between five and 7%. Capital expenditure was $109.8 million, reflecting the expanded CHESS replacement project and ASX's ongoing commitment to strengthen our foundations to build an exchange for the future," Stevens said. The deadline ...

ASX deputy chief executive resigns

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... 2023. It had delayed the go-live twice in the past by a total of two years. The responsibility for the CHESS replacement project will shift to group executive Tim Hogben. "ASX has a long history of innovation in financial markets and it has been a privilege ...