Sydney, London, New York, 29 October 2014
Product to yield 80% productivity benefit at Exchange
The Australian Securities Exchange (ASX) and GoldenSource, a leading independent provider of Enterprise Data Management (EDM) solutions for the securities and investment industry, today announced the successful re-architecting of ASX’s core back office systems.
The completion of the project sees ASX go live with GoldenSource's EDM system for corporate actions management, resulting in faster speed to market and product development, increased automation, and Straight Through Processing (STP). The installation of GoldenSource's EDM will facilitate near-real time processing of ASX reference data. ASX expects to achieve overall productivity benefits of up to 80% on the previous system.