G+T aids ASX implement cutting-edge technology

This will be one of the first enterprise-grade critical-infrastructure implementations of the technology

G+T aids ASX implement cutting-edge technology
Gilbert + Tobin (G+T) is helping the ASX achieve one of the world’s first enterprise-grade implementations of distributed-ledger technology for critical infrastructure.

The top firm is advising the exchange on the implementation of a new platform to replace the CHESS clearing and settlement system. The new platform was developed by New York start-up Digital Asset Holdings.

Simon Burns, G+T technology and digital partner, said the firm is leveraging its deep knowledge of emerging technology, complex contracting, and regulatory requirements to advise on the complex deal.

G+T is continuing to work closely with the ASX, as it works on the full contractual arrangements with Digital Assets Holdings for the development and support of the CHESS-replacement system.

The G+T team is led by partners Simon Burns, Elizabeth Avery, Paula Gilardoni, and Michael Williams.


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