TAURUS II Assignment-Project Charter

TAURUS II Assignment-Project Charter - International Stock...

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International Stock Exchange: TAURUS II Project Project Charter Project Title: International Stock Exchange – TAURUS II Project Project Start Date: June 21, 1986 Project Finish Date: October 2, 1989 Budget Information: The initial budget for this project is ₤14,500,000, with total costs expected to be ₤45,000,000 by the project’s end. The majority of this budget will go towards IT process setup and Vista software integration. Project Manager: Eliott Manley, (520) 460 9989, ext. 5090 Project Objectives: TAURUS II is intended to be an automated transaction settlement system for the London Stock Exchange. The electronic transmission is intended to de-materialize, or eliminate paper transactions, thereby replacing the existing system Talisman, which is a paper backed system. This will create a digital database of shareholders and their holdings that is held by the London Stock Exchange (central operator). The system is intended to electronically transfer the transaction and ownership data as needed, which will reduce
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TAURUS II Assignment-Project Charter - International Stock...

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