Nasdaq: Nasdaq Wins Best Clearing Technology of the Year by Risk.net

STOCKHOLM, Sweden, 2017-11-29 12:00 CET (GLOBE NEWSWIRE) --
The Market Technology business of Nasdaq (Nasdaq:NDAQ) 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:

  -- Enables clearinghouses to handle the full-range of post-trade functions
     (clearing, settlement, and depository, including risk and collateral
     management) across multiple asset classes, covering securities,
     exchange-traded derivatives and over-the-counter derivatives across
     equities, fixed income, currencies and commodities;
  -- Improves operational efficiency for both the clearinghouse, its market
     participants and end-investors;
  -- Enhances capital and collateral efficiencies for its market participants,
     including end-investors;
  -- Improves and differentiates the customer experience, interaction and use of
     its services;
  -- Adopts best-in-class international practices within a robust regulatory
     framework;
  -- Ensures that the Nasdaq platform is prepared for increasing cross-border
     trading programs;
  -- Supports new product and service opportunities within and contiguous to the
     post-trade value chain and enable clearinghouses to pursue these; and,
  -- Allows clearinghouses to take advantage of the emergence of new financial
     technologies such as distributed ledgers based on blockchain technology,
     and help bring them to market quickly in areas where they make sense.

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. 

About Nasdaq

Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing,
exchange technology, listing, information and public company services. Through
its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize
and execute their business vision with confidence, using proven technologies
that provide transparency and insight for navigating today's global capital
markets. As the creator of the world's first electronic stock market, its
technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the
world's securities transactions. Nasdaq is home to approximately 3,900 total
listings with a market value of approximately $12 trillion. To learn more,
visit: http://business.nasdaq.com 

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