ASX CHESS replacement to be delivered in phases, with clearing first in 2026

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.

The Australian Securities Exchange will deliver its Clearing House Electronic Subregister System (CHESS) replacement in two phases with clearing to be rolled out first in 2026, followed by settlement and sub-register in either 2028 or 2029, based on current estimates. This comes after the exchange derecognized the software created during the first iteration of the replacement project with Digital Asset in November 2022 after more than 8 years of development and delays. 

“We’re taking a staged

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here