The Australian Securities Exchange announced in November it had chosen Tata Consulting Services to run the new CHESS replacement project after initial plans with Digital Asset were scrapped in 2022.
A look at some recent people moves within the capital markets tech and data space.
Sources say the industry is not yet ready to fully adopt wide-scale implementations of distributed-ledger technologies.
Bloomberg, Broadridge, BNP Paribas, and a handful of startups are working to address manual processes in the back office.
Following LSEG’s partnership with Microsoft, Anthony talks with some industry participants to explore what this might mean for exchange tech going forward.
A small number of exchanges have joined the Pyth Network. Nyela wonders whether the on-chain data distribution model fits in with the swift rise of data marketplaces.
This week, Shen and Tony talk about the usability of distributed ledger technology as a solution for capital markets firms.
The future of exchange technology resides in the cloud…not blockchain. Anthony says ASX proved this with its Chess replacement project.
As ASX’s Chess replacement project stalls yet again, Anthony wonders if the exchange is at risk of falling behind the likes of Cboe, Nasdaq and CME, which are making major investments in cloud technology.
Automated and high-frequency trading in Asia have generally lagged behind US and European markets. But as low-latency data availability increases, that may soon change.
A look at some of the key people moves from this week, including Jonathan Cross (pictured), who joins LiquidityBook as general manager for EMEA.
Although some market participants are trying to automate corporate actions internally, full STP is unattainable without end-to-end buy-in from all participants along the event lifecycle.
MarketAxess is looking to scale its business and launch new offerings by leveraging DataBP's platform, which utilizes API and cloud-based technology, to optimize its management of post-sales relationships and market data.
New conditional order venues could bring more liquidity and sophistication to dark pool trading in the region.
A look at some of the key "people moves" from this week, including Edwin Hui (pictured), who joins Capco as executive director and APAC data lead.
WatersTechnology reflects on some notable distributed ledger technology projects.
Synfini enables customers to access the exchange’s DLT infrastructure, data hosting, ledger services, and support.
The exchange is partnering with DataBP to offer an online portal that includes customer-facing tools and back-office automation.
Digital Asset has slowly expanded its influence with exchanges in the APAC region, and this year has made additional inroads in the US and Europe. Anthony examines the company's wins and losses over the last seven years.
The exchange’s customer Daml sandpit has been up and running since January and has had over 20 firms log on. The next phase—its DLT cloud environment—will be ready in early October.
The exchange group has completed the multi-year program aimed at standardizing data capture and message delivery using the ISO format.