ASX Clearing and Settlement Software Upgrade
Sector: Financial Market Infrastructure • Location: Sydney, New South Wales, Australia
Source: Reuters
ASX attempted to rebuild its clearing and settlement software platform using custom blockchain-like technology starting in 2017. After delays, expenses, and consultations, the project was abandoned in 2022. In 2023, ASX hired Tata Consultancy Services to start a staged upgrade, with the first part due for delivery in 2026.
- Status
- Under Construction
- Sector
- Financial Market Infrastructure
- Location
- Sydney, New South Wales, Australia
- Updated
- 22 Jul 2026
- Source
- Reuters
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Project Information
Participants
| Not available for this record. |
Status
Original status | Under Construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | ASX attempted to rebuild its clearing and settlement software platform using custom blockchain-like technology starting in 2017. After delays, expenses, and consultations, the project was abandoned in 2022. In 2023, ASX hired Tata Consultancy Services to start a staged upgrade, with the first part due for delivery in 2026. |
Original sector | Financial Market Infrastructure |
Location
Country | Australia |
State | New South Wales |
City | Sydney |
Source
Source | Reuters |
URL |
More Details
Record type | Project |
Article published date | 2025-06-17 |
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