InfoTrack has confirmed that it intends partnering with ASX to provide an electronic property settlement platform. Subject to regulatory approval from ARNECC, the platform is expected to be operational this year.
Mr Dominic Stevens, CEO of ASX said that ASX is investigating how it can leverage its existing infrastructure for the platform.
Legal Practice Intelligence understands that the co-operation between ASX and InfoTrack is likely to be in the form of a jointly owned private entity.
The name of the new platform has not yet been announced.
Also not known is whether there will be any integration between the new platform and PEXA.
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