ASX picks Tata's BaNCS and Accenture in CHESS replacement project
TCS will supply its BaNCS product while Accenture will do the solution integration and project delivery work.
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TCS will supply its BaNCS product while Accenture will do the solution integration and project delivery work.
ASX has failed to demonstrate appropriate control of the program to date, and this has undermined legitimate expectations that the ASX can deliver a world-class contemporary financial market infrastructure.
ASIC has issued new notices to ASX to provide additional information on its plans to upgrade the CHESS clearing and settlement system.
ASX’s interim profit took a 70pc hit after a big write-down on the bungled IT project. ASX has provided a plan to improve engagement for a new design.