websites-group
  • Technology
  • Technology
  • ASX Advises on Delay to CHESS Replacement
  • NewsLetter
Technology

ASX Advises on Delay to CHESS Replacement

ASX Advises on Delay to CHESS Replacement

ASX is providing a CHESS replacement project update to CHESS users, software providers and other stakeholders. The update is available here.

The update includes important information about the timing of the next software release, which has resulted in delays to the current phase of the project schedule.

https://twitter.com/ASX/status/1508242886021820422

The update also advises stakeholders that ASX will be engaging with them to assess the flow-on impacts to project milestones, industry testing, operational readiness and implementation, migration dress rehearsals and the go-live date.

At this time, ASX advises that there is a strong likelihood of delay to the go-live date. We will engage with our software provider and stakeholders to assess the impact, and will update the market on this process.

Source: ASX

Related articles

  1. ISDA warns on proposed changes to post-trade deferrals regime.

  2. The partnership will focus on delivering an institutional custody solution for digital assets.

  3. The IOSCO Fintech Task Force will collaborate closely with other international bodies.