ASX Selects Nasdaq's Post-Trade Risk Technology to Manage Its Real-Time Risk Across Clearinghouses

New Technology Will Respond to Global Regulations Requiring Intraday Risk Management and Increased Margin Methodology Sophistication
 
NEW YORK and SYDNEY, Australia, July 2 (Bernama-GLOBE NEWSWIRE) --Nasdaq (Nasdaq:NDAQ) and the Australian Securities Exchange (ASX) announced today that Nasdaq has been selected to deliver ASX's next generation post-trade risk management solution. Sentinel Risk Manager will provide a single, real-time risk management system across both ASX clearing houses and all asset classes, including real-time margin calculation and related customer risk analytics. The new risk system will be implemented in five phases over the next two years.

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