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Nasdaq Eqlipse CSD

Nasdaq Eqlipse CSD enables Central Securities Depositories (CSDs) to meet today's business needs whilst also complying with future requirements, through a modular and platform-based solution.

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Overview

CSD Technology Built to Scale

Macro events like evolving regulations and the convergence of traditional and digital assets have reshaped the CSD landscape and created new opportunities for CSDs to grow their business.

Consistent with international standards and best-practices, Nasdaq Eqlipse CSD delivers a stable and high-performing core infrastructure for multi-asset depository, settlement and corporate actions with high throughput. In parallel, the agile solution enables CSDs to innovate and realize new business opportunities like expansion into digital assets, international custody and securities financing.

Embedded AI assistants accelerate onboarding, boost operational efficiency, and maximize data value across core CSD processes.

Benefits

Stable Market Infrastructure Combined with Innovative Solutions for Future Business Needs

Seamlessly connect to third party or in-house trading and clearing solutions via standard protocols. Nasdaq Eqlipse CSD is tightly integrated with other Nasdaq technology platforms.

Lower Cost of Ownership

Reduced operational complexity with lower total cost of enhancements and changes to the system.

Stable and High-Performing Infrastructure

Robust and dynamic infrastructure with industry-leading throughput and performance.

Proven Technology

Benefit from decades of experience and expertise, with 130+ clients leveraging Nasdaq's technology across the globe.

Future-Proof Technology

Supports coexistence between traditional, digital assets and cryptocurrencies through integration with DLT platforms and services.

AI-Powered Insights & Automation

Features embedded AI assistants that streamline key CSD processes.

Sophisticated Settlement Management

A multi-asset and multi-currency solution supporting efficient cash and securities management with optimization algos, technical netting, securities lending and borrowing, and buy-in processing.

Innovative Technology Built for Change

Modular and platform-based solution that enables CSDs to seamlessly expand their offering in line with market needs.

Features

Built to Support the Full Transaction Life Cycle for CSDs

Nasdaq Eqlipse CSD provides multi-asset, multi-currency solutions for settlement, depository, registry and asset servicing to support the full transaction lifecycle for CSDs. Additional services can be tailored to your specific needs - spanning from international custody and digital assets services to registrar services and securities financing. 

  • Supports multiple settlement models, currencies, and markets on a common ISO-based framework
  • Flexible settlement capabilities by optimization algorithms, securities lending and borrowing and buy-in processing
  • Sophisticated processing of corporate actions with high flexibility for market specific configurability
  • Registry services for issue, transformation, and other shareholder servicing
  • Open architecture enabling seamless integration with upstream and downstream systems
  • Provides connectivity to International Central Securities Depositories (ICSDs) and central payment platforms
  • Full Straight Through Processes (STP) and based on global standards and market practices
  • Enables digital assets services though integration with Distributed Ledger Technology (DLT) platforms
AI Features

Accelerate Setup & Insights with Nasdaq Eqlipse CSD AI-Assistants

Product Insights

Accelerate onboarding and configuration with embedded AI assistants that guide users through setup using contextual recommendations and intuitive workflows.

Data Insights

Query live and settlement data using natural language. Instantly surface analytics and eliminate manual reporting with AI-powered responses.

Nasdaq Eqlipse Post-Trade AI Assistants Nasdaq Eqlipse Clearing and CSD now embed generative AI for natural language interaction, streamlining setup, operations, and real-time analysis. Its open architecture supports any LLM, enabling customized AI experiences that evolve with organizational needs. Download the Factsheet
Case Study

Comprehensive CSD Technology Supporting a Rapidly Evolving Industry

Our technology partnership with Nasdaq provides us with access to cutting-edge technology that will help us develop our market and continuously make new upgrades according to international standards available to our clients.
Rodrigo Roblero, General Manager, DCV
Get Insights into DCV's Transformation Journey Learn how Deposito Central de Valores (DCV) leverages Nasdaq technology to modernize and evolve Chile’s capital markets infrastructure for future growth. Read the Case Study
Videos

Market Infrastructure Insights

Nasdaq Eqlipse 2026 Post Trade Outlook With Gerard Smith
Clearing and CSD operations are experiencing a profound shift, fueled by faster settlement cycles, the rise of innovative asset models, and a heightened focus on seamless operational resilience. In this video, Gerard Smith, delves into how Nasdaq Eqlipse empowers clients with embedded AI, supports readiness for digital assets, and facilitates adaptable operating models. These innovations are not just simplifying post-trade workflows—they are equipping organizations to anticipate and address evolving industry challenges with enhanced agility and efficiency.
Apr 02, 2026
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Resources

CSD Technology News and Insights

Whitepaper

Modernizing Financial Markets: Best Practices for Market Operators to Balance Resilience, Scale and Growth

Discover the main considerations for market operators when developing and executing a modernization strategy. Crucially, market operators need to focus not only on technology but also business goals, people and processes to achieve the end goal of ecosystem-wide benefits with minimal disruption.

Modernizing Financial Markets: Best Practices for Market Operators to Balance Resilience, Scale and Growth
Report

Building Better Markets: Achieving the LatAm Operating Model of Tomorrow

Uncover how Latin America can unlock foreign investment flows with a new regional operational model.

Building Better Markets: Achieving the LatAm Operating Model of Tomorrow

Industry Insights & Product Updates

In the News

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FAQs

Why should I select Nasdaq?

Nasdaq is a global technology company serving the capital markets and other industries. As one of the world's largest market infrastructure technology providers, Nasdaq provides multi-asset solutions that power 130+ marketplaces, CCPs, CSDs and regulators in over 50 countries while also servicing the bank and broker-dealer community. Our institutional-grade technology across the trade lifecycle set the benchmark for performance, reliability, and scalability, helping organizations to drive efficiency, transparency, and liquidity with unparalleled resiliency. Our capabilities are unique, road-tested and the foundation for modernized markets.

Why should I select Nasdaq Eqlipse CSD?

Nasdaq Eqlipse CSD offers stable and high-performance market infrastructure consistent with international standards and best-practices, combined with an innovative, modular and platform-based architecture that enables CSDs to provide new services with shorter time to value. The CSD technology supports coexistence between traditional, digital assets and cryptocurrencies and provides connectivity to ICSDs and various payment platforms. The solution seamlessly integrates with third-party trading and clearing solutions via standard protocols and is tightly integrated with other Nasdaq market infrastructure systems.

What asset classes does Nasdaq Elipse CSD support?

Nasdaq's CSD technology supports multiple currencies and asset classes, spanning from traditional assets to non-traditional assets, such as digital assets and cryptocurrencies.

Supported asset classes and instruments include but is not limited to equities, fixed income, ETFs, depository receipts, repos, warrants, fiat currencies, cryptocurrencies and tokenized assets. We continuously invest in support for new asset types as market demand evolves.

What are the CSD technology features?

Nasdaq Eqlipse CSD provides multi-asset, multi-currency solutions for settlement, depository, registry and asset servicing to support the full transaction lifecycle for CSDs.

Additional services can be tailored to the CSDs specific needs - spanning from international custody and digital assets services to registrar services and securities financing.

How is Nasdaq’s CSD technology deployed?

Nasdaq offers multiple service and deployment options for its CSD technology to meet different customer needs. Delivery and service models include, Managed Services, or Client-Managed/Self-Managed.

Deployment options include in the cloud, on premise, and hybrid to support customer optimized setups for production, backup, and test environments.