ASX adds dedicated CIO position as it deepens focus on enterprise technology and pursues data opportunities
ASX today announced it will deepen its focus on enterprise technology by splitting the current Group Executive, Technology and Data and CIO role, to create a standalone technology division under a dedicated Chief Information Officer.
The new CIO role will report directly to CEO Helen Lofthouse and will focus on ensuring system resilience across ASX, and the delivery of multi-year technology transformation programs.
The creation of a separate technology division will also enable current Group Executive, Technology and Data and CIO, Dan Chesterman to apply his full focus to leading the customer-facing Technology and Data business. This is ASX's fastest-growing business, and Dan will continue to focus on important strategic initiatives such as expanding customer access to ASX's rich data sets.
Ms Lofthouse said: "ASX operates multiple areas of critical market infrastructure for the region, and this additional role will provide further breadth and depth in this key area underpinning our business.
"The change creates a single point of senior executive focus and accountability for delivering ASX's enterprise-wide technology renewal program, while also providing focused leadership for our Technology and Data business which is charged with maturing ASX's enterprise data capability and growing ASX's technical and data products and services.
"It also provides additional scope and bandwidth for Dan Chesterman and the team to focus their efforts on data and technology innovation, and expanding enterprise data capability across data science and analytics, information services, data governance and the ASX data platform."
There are no changes to the delivery of ASX's CHESS replacement solution design, which continues to be led by our dedicated technology transformation Project Director Tim Whiteley, who reports directly to the CEO.
Further enquiries:
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David Park
Simon Starr
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+61 2 9227 0010
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+61 2 9227 0623
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+61 429 595 788
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+61 416 836 550
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david.park@asx.com.au
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simon.starr@asx.com.au
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About the divisions
Led by the new CIO, ASX Technology will be responsible for ASX's enterprise technology strategy, technology security and governance, technology infrastructure, and enterprise technology functions including enterprise architecture, solutions engineering, quality engineering and testing, system integration and critical situation management.
Led by Group Executive, Dan Chesterman, ASX's Technology and Data business will be responsible for ASX Technical Services, including the Australian Liquidity Centre (ALC) and ASX Net, ASX Information Services and DataSphere, ASX's enterprise data capability and new areas of data and technology innovation, including DLT solutions, data science and analytics, information services, data governance and the ASX Data Platform.
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ASX Limited published this content on 17 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2023 23:45:00 UTC.
ASX Limited (ASX) is a vertically integrated multi-asset exchange company. The Company is engaged in offering listings, trading, clearing, settlement, technical and information services, technology, data and other post-trade services. It acts as a market operator, clearing house and payments system facilitator. The ASX operates markets for a range of asset classes including equities, fixed income, commodities, and energy. Its activities span primary and secondary market services, including the raising, allocation and hedging of capital flows; trading and price discovery; central counterparty risk transfer, and securities settlement for both the equities and fixed income markets. ASX operates through four divisions: listings, markets, technology and data, and securities and payments. It also provides data and technology services to intermediaries, banks, information vendors and software developers to help them make decisions, offer services to their clients and connect with one another.
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