The Market Technology business of Nasdaq has won 'Best Central Counterparty Clearing Support Product of the Year' awarded by Risk.net. The winning entry focused on the Nasdaq Financial Framework. The solution, originally launched in 2016, incorporates the world's leading multi-asset and real-time clearing, settlement and risk management. It represents a harmonized approach to delivering robust post-trade capabilities in an open, agile environment.
"We are thrilled to have won this prestigious award by Risk.net," said Lars Ottersgård, Executive Vice President and Head of Market Technology, Nasdaq. "This recognition is a true testament to our technology and product teams who have relentlessly worked to evolve our solutions over the past year. Post-trade technology has now become one of-if not the most-integral and complex parts of market infrastructure. We look forward to continuing to innovate in this space and pushing the boundaries of how post-trade technology enhances and strengthens the capital markets."
Nasdaq's Post-Trade Solution:
Nasdaq's market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.