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(Reuters) -Australian bourse operator ASX Ltd said on Thursday it would take a pretax charge of up to A$255 million ($172 million) in the first half as it derecognises the software being developed to replace its ageing clearing and settlement system.
The replacement has been paused following a review of the project and independent findings that led ASX to conclude there were "significant technology, governance, and delivery" challenges with the solution design of the project.
The software was ...
>>> Read more: Bourse operator ASX flags $172 million hit from clearing software replacement halt
The replacement has been paused following a review of the project and independent findings that led ASX to conclude there were "significant technology, governance, and delivery" challenges with the solution design of the project.
The software was ...
>>> Read more: Bourse operator ASX flags $172 million hit from clearing software replacement halt
