Having blown up hundreds of millions of dollars on the pipedream of replacing the CHESS clearing and settlement system with a blockchain-based tech solution, the market operator has apparently found the very thing it previously said was impossible: an existing, off-the-shelf solution from a big tech provider.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com