Tim Whiteley News Today

Search for replacement begins.

Technology staff are the most affected by redundancies before ASX’s half-yearly earnings due on Friday, as it looks to reorganise after its CHESS disaster.

Australian stock exchange operator ASX said it had hired Tata Consultancy Services (TCS) to overhaul its clearing and settlement software, opting for

Australian stock exchange operator ASX said it had hired Tata Consultancy Services to overhaul its clearing and settlement software, opting for a route that will take less customisation...

TCS's software is used by exchanges around the world including in Finland and Canada for functions it would be expected to perform for ASX's Clearing House Electronic Subregister System. Get more Companies News and Business News on Zee Business.

Tata Consultancy Services: India-listed TCSs software is used by exchanges around the world including in Finland and Canada for functions it would be expected to perform for ASXs Clearing House Electronic Subregister System, or CHESS, the Australian exchange said on Monday.

The Australian stock exchange, ASX, has shifted gears in a strategic move by enlisting Tata Consultancy Services (TCS) to revamp its clearing

To re-engage the industry after change of direction.

One of four options still on the table for CHESS replacement.

Will push past processing 10 million daily transactions to see what breaks.