Notice

Austraclear Service Release 14 scheduled for 21 November 2022

What's this about:
Notice reference number: 1073.22.09
Date published: 30/09/22
Effective as of: 30/09/22
Last updated: 30/09/22

Austraclear Service Release 14 is Schedule for 21 November 2022 – IWT available from 3 - 21 October

Participants are advised that Industry Wide Testing (IWT) for Austraclear Service Release 14 will commence Monday 03 October 2022 and be available until 21 October 2022, in preparation for the scheduled Service Release on Monday 21 November 2022.  Participants are encouraged to complete testing on the Austraclear enhancements within the IWT window.

Austraclear Service Release 14 includes an updated GUI for all Participants to use.  The file deployment version of the updated GUI for the test environment is available here.

  • Austraclear Service Release 14 includes the following enhancements:
  • Changes to the Austraclear ’View Trades’ screen to enhance user experience
  • Allowing trade split on Repo 2nd leg within the GUI
  • Enabling bulk un-defer within Austraclear ‘View Trades’ screen
  • Adding ISIN within the Corporate Action Settlement Instructions screen
  • Austraclear will be ready to receive ISO20022 messages for MT1, 2 and 9 equivalent.  These messages will be translated to a SWIFT MT from the information embedded within the ISO20022 message. 
  • Repo rate on 2nd leg / unwind instruction will no longer be a matching field. If a rate is instructed on the unwind instruction, Austraclear will not apply this updated rate to the related 2nd Leg Trade. The Unwind instruction, for the 2nd leg trade, will match on the unwind settlement date, consideration and face value fields.

Below are the key dates for this release.

Milestone

Date

Event Description

1

03-21 October

Participant IWT is available for SR14

2

10 October

Production File Deployment available and published on ASX Online

3

20 October

Austraclear IWT environment operating within Assured Mode for Participating Bank exercise.

4

19 November

Implementation of Austraclear Service Release 14

5

21 November

Austraclear Service Release 14 scheduled GO-LIVE

 

What do I need to do by when?

Participants are encouraged to perform testing for the new enhancements within the IWT period 03 October until 21 October 2022.

As Austraclear Service Release 14 does include an updated Austraclear GUI, it is mandatory for Participants to perform testing of the Austraclear system on the weekend of go-live, scheduled for Saturday 19 November 2022.

Need more information?

Issued by

Brendan Laird, Senior Manager Settlement Operations

Contact information

Contact Details

Any enquiries should be directed through to the Austraclear and ASX Collateral Service Desk on 1300 362 257 or via email to Austraclear@asx.com.au

 

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