Post-Trade Solutions for Australian Brokers | ASX CHESS Accredited
Australia

ASX CHESS accredited

Building for CHESS R2. Ready for T+1, 24×5 Trading, and Digital Assets. NOVA CMX automates the post-trade lifecycle across settlement, reconciliation, margin, corporate actions and reporting – helping Australian sell-side firms process more, operate longer and scale without simply adding headcount.

Track record

18

Tier-1 bank and broker organisations in production

Global client base

$0

upfront licence fee

Commercial model

>95%

STP rates achieved

70% out of the box

>34%

average operating cost saving per client

Across client base

Accredited for this market

Certified for Australian infrastructure.

ASX CHESS accredited

Certified connectivity to Australia’s clearing and settlement infrastructure.

ASIC reporting embedded

Regulatory and client-money reporting generated from the settlement record, fully audited.

T+1 and 24×5 ready

Be ready for what comes next. T+1 already in production at Singapore clients.

Multi-asset, multi-entity, multi-currency

Equities, fixed income, derivatives and digital assets on one lifecycle engine.

The 24×5 opportunity

US equities now trade inside the Australian business day.

A domestic desk can quote and execute US names for domestic clients, in local hours, with local support. The venue is no longer the constraint. The back office is.

US pre-market · 04:00-09:30 ET

18:00-23:30 AEST

Australian evening. Accessible today.

US regular session · 09:30-16:00 ET

23:30-06:00 AEST

Australian overnight. The traditional access problem.

US overnight session · 20:00-04:00 ET

10:00-18:00 AEST

The Australian working day. Your desk is open when the tape runs.

Continuous trading removes the overnight window the back office was built around. Trade capture, position keeping, margin, FX funding and reconciliation have to run while the batch used to. NOVA CMX already processes that way.

The business case

What it does to the cost base.

95-98%

Straight-through processing achieved

risk

20-40%

TCO reduction via STP and vendor consolidation

Run-rate

25-50%

lower labour cost in reconciliation & exceptions

Operations

12-18mo

Typical payback on targeted automation​

Payback

The C-suite outcome

Lower cost to serve. A service you can sell.

01

Cost decoupled from volume

One client carried 5× volume growth on unchanged headcount.

02

Fewer fails

Predictive risk scoring and automated breaks cut failure cost and capital drag.

03

New revenue

A 24×5 US equities service sold in Australian business hours.

04

Regulatory confidence

System-generated evidence for ASIC and ASX obligations.

05

Downside protected

No upfront fee, no forced replacement, modular go-live.

Capital markets - engineered

Ask for your tailored ROI.

Two weeks of discovery, modelled against your own trade flow and cost base. Then decide.

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