ASX Technology Overhaul Faces Questions Amid Fresh Outage
AI Summary1 min read
TL;DR
ASX's technology overhaul is under scrutiny following a new outage, raising concerns about governance and resilience. The exchange's chair insists the plan must succeed, but investors doubt its ability to meet regulatory promises.
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ASXtechnology overhauloutagegovernanceregulatory burdens
Australian Securities Exchange (ASX) technology overhaul faces scrutiny after a fresh outage, the latest in a series of failures. The disruption highlights reputational risks and questions governance and operational resilience. ASX chair David Clarke said the turnaround plan cannot afford to fail, but investors are wary if the exchange can deliver on its promise to ease regulatory burdens.
