Your back office is
bleeding money.
Still.

Settlement failures, manual reconciliation, and legacy infrastructure are not operational nuisances; they are a measurable drag on revenue, capital, and competitive position -NOVA CMX closes the gap.

%+
0

Average operationalcost reduction

%
> 0

Straight-through
processing

%
< 0

Reconciliation error rate

weeks
0

Fastest recent go-live

THE REAL COST OF THE STATUS QUO
What every Australian
sell-side firm is quietly absorbing
These are not theoretical risks. They are the daily operational reality of running a
broker-dealer on infrastructure built for a different era.

$35M

median annual cost insettlement penalties

50%

of post-trade operationalcost is fragmentation

Reconciliation stillruns on spreadsheets

20-40%

of IT budgets lostto maintenance

Legacy systems consumeIT budgets without delivering

>38%

rise in ASIC enforcement
actions

ASIC reporting leaves nomargin for manual error

#1

source of broker-clientdisputes in APAC

Corporate actions processingis still manual

<80%

STP rates make operationalleverage structurally impossible

Scaling volume without scalingheadcount is impossible

WHY NOVATHE NOVA CMX PLATFORM

One platform.
Every post-trade workflow.
Out of the box.

What NOVA delivers to Tier-1 clients today

34%+

Average
costreduction

100M+

Trades
processed

0

Upfront
fee

30yrs

Engineering capital
markets technology

Built for The
Australian Market

CHESS-CERTIFIED PLATFORM

CHESS Release-1 is Live. Release-2 in 2029.

NOVA is ISO 20022 native, production-ready today

T+1 & 24x5 READY PLATFORM

The settlement window is shrinking - your infrastructure must keep up.

NOVA support real-time STP, intraday reconciliation, and continuous settlement - be ready for T+1 today

MULTI-ASSET COVERAGE

Equities, fixed income, and derivatives on one engine

NOVA offers multi-asset classes, single platform, shared reference data

ASIC
COMPLIANCE

Regulatory reporting that does not rely on manual extraction

NOVA provides full audit trail, on-demand regulatory extract, <1% error rate

See it running on
your workflows

A 45-minute demonstration, structured around your firm's specific operational challenges.

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