As ASX preps Chess replacement testing phase, other data & cloud projects progress

Testing on the new DLT-based platform will begin in July. The Aussie exchange is also making progress on its DataSphere project and has addressed ASX Trade after an outage last year, according to the company’s CEO.

As the Australian Securities Exchange closes in on the completion of its ambitious Clearing House Electronic Subregister System (Chess) replacement project, the operator is also focusing efforts on a new data delivery platform.

Although much attention has been focused on the Chess replacement project, ASX CEO Dominic Stevens said Thursday during a briefing for the exchange’s half-year results to Dec. 31, 2020 (1H21) that it is only one part of a much broader technology transformation program.

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