ASX has released a report detailing its plans for the support and maintenance of its CHESS programme as it continues to implement a replacement solution
ASX has released amendments to its CHESS Replacement Partnership Program, responding to industry feedback and in anticipation of future industry cooperation
ASX chief customer and operating officer Val Mathews will resign from her role this year, the organisation has announced
The partnership programme is designed to recognise the work that will be undertaken to progress and complete the CHESS replacement project which was paused in November 2022
Woods has been a non-executive director at ASX since January 2020 and has served on the boards of ASX’s clearing and settlement companies since 2015
The Australian Stock Exchange has named Darren Yip as group executive for markets, effective 13 March. He replaces interim executives Jamie Crank and Fiona Tramontana
Daniel Moran has been appointed as chief compliance officer at ASX, effective 1 January 2023. He has held the role in an acting capacity since October 2022
The decision follows ASX’s own internal assessment and the completion of an independent review, conducted by Accenture
With losses and missed opportunities amounting to an estimated US$1 billion every year, John Kirkpatrick, vice president for securities services at Broadridge, highlights the importance of driving constant advances in automation, asset safety and data standardisation
An abundance of partnerships and collaborations as well as increased popularity all point towards a transformational change in the digital assets space
The combination of regulatory changes, technology advancements and the need to remain competitive is prompting market players in Asia to reassess their operating models. Gary O’Brien of BNP Paribas explains more
Jenna Lomax examines the repercussions of ASX’s recent decision to halt its mammoth CHESS project
As Australia’s asset servicing industry has gone from strength to strength, industry participants are busy preparing for the CHESS replacement system due to go live in 2023 and are excited about the benefits it will bring
The year kicked off with good news for Australia’s asset servicing industry when ACSA revealed the value of assets under custody for both Australian and foreign investors rebounded over the final six months of 2020
Australia’s financial services market is seeing continued growth in its large superannuation industry and custodians in this space are continuing to evolve while showing support for ASX’s CHESS replacement system. J.P. Morgan’s Nadia Schiavon discusses these themes and more
