Solution introduction

The SecuritEase® ASX Gateway is a robust high availability solution that seamlessly integrates your business systems with ASX's CHESS Clearing and Settlement System, whether it’s the current CHESS interface or ASX’s CHESS Replacement TCS BaNCS™ system

The ASX Gateway is a high-performance, scalable interface supporting a comprehensive suite of CHESS messages for all ASX participant types, ensuring a smooth transition to the new TCS BaNCS™ ISO 20022 messaging interface, which is included at no extra cost for SecuritEase licensees

The system supports proportionate allocation of issues based on quantity or value and provides two processing models:

  1. On-market trades processing; and,
  2. Direct registry interaction processing.

Designed to meet the specific needs of Australian market participants, the SecuritEase ASX Gateway offers a powerful combination of intuitive user interfaces and standardised communication protocols, such as ISO 20022, ISO 15022, FIX, and XML. This integration facilitates local market interactions through an intelligent bi-directional interface that handles CHESS message translation and communication with exceptional reliability. The gateway autonomously manages local conversations with CHESS, ensuring seamless operations while keeping your upstream systems informed only when necessary.

With SecuritEase, you benefit from lower costs, higher functionality, and quicker time to market. The gateway’s advanced technology, coupled with expert support from the SecuritEase team, makes it the ideal solution for managing ASX-specific operations like HIN management, DVP settlement, corporate actions, and reconciliation. This ensures that your business is equipped with the tools it needs to operate efficiently and stay ahead in the competitive Australian financial market.

 

Subscribe to our newsletters

The Wealth Mosaic publishes a range of newsletters each month to help both wealth managers and solution providers stay on top of the latest developments in the global wealth management sector. Click below to sign up to those that are of interest.