ASIC turns to outsourcer to deal with legacy registry issues


Contractors will step in to replace retiring public servants tasked with keeping Australia’s business registers online, exposing the workforce cost of maintaining its legacy environment.

As the latest uplift of the registers continues, Australian Securities and Investments Commission has handed Indian outsourcer Tech Mahindra a $23.6 million contract to continue support the decades-old systems.

For more than three decades, ASIC has operated a suite of more than a dozen registers, …

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