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By Himanshi Akhand
(Reuters) -Australian bourse operator ASX Ltd said on Monday it entered a deal with TATA Consultancy Services (TCS) to design and replace its trading, clearing and settlement system, after months of backlash since pulling a blockchain-based overhaul of the system last year.
ASX said it would implement the new product-based platform in two main releases, with the clearing service to be delivered in a first release, and the settlement and sub-register services in a second rele...
>>> Read more: Australian bourse operator partners with TCS for long due trading software overhaul
(Reuters) -Australian bourse operator ASX Ltd said on Monday it entered a deal with TATA Consultancy Services (TCS) to design and replace its trading, clearing and settlement system, after months of backlash since pulling a blockchain-based overhaul of the system last year.
ASX said it would implement the new product-based platform in two main releases, with the clearing service to be delivered in a first release, and the settlement and sub-register services in a second rele...
>>> Read more: Australian bourse operator partners with TCS for long due trading software overhaul