Tata Indian boss says he’s ready to take ASX pressure on CHESS
Vivek Ramgopal is excited by the opportunity to keep ASX on track as Tata rebuilds the market’s post-trade system, and anticipates the increased scrutiny.
The head of the Tata Consultancy Services team that is rebuilding the backbone of the sharemarket, the ASX’s CHESS system, said the Indian giant will deliver its technology solution as promised, unlike the market operator’s last project failure.
In Tata’s first interview since it was chosen for the big job on November 20, Vivekanand Ramgopal says he’s prepared to push ASX management on market engagement and adopting some of Tata’s processes to ensure the system is delivered on time and improves post-trading services for the investment community.
James EyersSenior ReporterJames Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
