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Showing 1 - 5 of 5 results for "CHESS Project"

ASX to pay $23m, admits misrepresentation over CHESS replacement

MATTHEW WAI  |  MONDAY, 15 JUN 2026
... for the shortfall in this matter and recognised the magnitude of the misleading statements. "When we stopped the CHESS project in November 2022 to reassess our whole approach, that tested market confidence in ASX and called into question the nature of ...

ASX declares CHESS clearing services ready

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... has the ability to scale further when needed." Lofthouse added Release 1 was a key step in the execution of the CHESS Project and technology modernisation strategy for ASX. ASX acting group executive, securities and payments, Andrew Jones said while ...

Helen Lofthouse to exit ASX in May

JAMIE WILLIAMSON  |  WEDNESDAY, 11 FEB 2026
... technology is also suing the ASX and Lofthouse, alleging it failed to provide adequate resources to support the CHESS project, and that Lofthouse engaged in bullying tactics. Now, ASX said it is targeting a go-live of the first phase of the new CHESS ...

ASX says CHESS Release 2 costs to hit $320m

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... million. ASX chief executive Helen Lofthouse said the ASX is committed to the safe delivery and reliability of the CHESS project. "This is reflected in our proposal to implement the project over two releases and to implement Release 2 in 2029, which ...

ASX profits hit by CHESS setbacks, acts on review findings

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... review, ASX today confirmed the acceptance of all 45 recommendations, outlining 93 actionable steps in response to the CHESS project findings. The execution of its plan will be reviewed by EY in the period from September through to June 2024.
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