Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 34 results for "CHESS Replacement Project"

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... registry services, and markets. The primary focus of the group will be to offer industry input for the CHESS replacement project in its initial stages. Cameron, who formerly served as ASIC chair for eight years, was welcomed at a roundtable held yesterday ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... under-delivering. History is generally not kind to "big bang" strategies using unproven technologies and the CHESS replacement project was just that," Pearce said. UniSuper does continue to hold the ASX though, with Pearce saying the "main redeeming ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
ASIC has agreed to host a roundtable to discuss the ASX's CHESS replacement project, attended by industry participants of the bourse's choosing. ASIC proposed the group be independently chaired and "advise on significant strategic clearing and ...

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 ...