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ClearStar Program

The ClearStar Program is a portfolio of projects established to modernise the technology and processes underpinning ASX’s OTC Derivatives and Futures Clearing services.

The ClearStar Program provides the governance and oversight of three in-flight core projects.

  1. OTC Clearing Project (Calypso Upgrade) from v13 to v18: The upgrade represents a like-for-like change in terms of stakeholder interaction with services.
  2. ETD TradeAccept Replacement Project: The off-market trade capture platform, TradeAccept, will be replaced by a modernised, participant co-designed solution.
  3. ETD Futures Clearing Replacement Project: Replacement of the futures clearing platform 

Additional projects will include Pricing, Collateral, ETOs: Replacement of other technology supporting derivatives clearing. 

 

Objectives

Stable foundations

Stable foundations
Stable CCP operation with simplified, modern technology

  • Buy-down significant risks to critical technology
  • Buy-down technology debt to reduce cost of change
  • Meet regulatory obligations
Sustainable growth

Sustainable growth
Establish a platform for sustainable shareholder value

  • Uplift delivery capability to reduce risk and cost
  • Increase transparency for Regulators and participants
  • Increase capital efficiency for technology investments
Customer experience

Customer experience
Work effectively with our customers
 

  • Improve customer experience 
  • Remove manual processes related costs and defects
  • Drive increased standardisation to enable growth

Roadmap

The following is an indicative roadmap subject to consultation, inputs and further planning.

Note: ASX delivery includes architecture / design, build, integration, data, cloud, vendor and test activities.

ClearStar team

Email: ASXClearStar@asx.com.au

Contact us

ASX acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past and present.


Artwork by: Lee Anne Hall, My Country, My People

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