Consistent with international standards, business conduct policies, and requirements, Nasdaq CSD Suite,operating as part of the Nasdaq Financial Framework (NFF) helps CSDs effectively manage multiple business opportunities including Settlement, Depository, Registry and Asset Servicing. Specifically designed for CSDs and constructed for low cost-of-ownership and rapid delivery, the system is adaptable to multiple business models and changing market conditions. Nasdaq CSD Suite can be deployed on a standalone basis or integrated into an existing clearing environment. The solution seamlessly connects to third-party trading and clearing solutions via standard protocols and is tightly integrated with other Nasdaq market infrastructure systems.
Key Features of Nasdaq's Central Securities Depository Suite
Nasdaq CSD Suite supplies multi-asset, multi-currency solutions for settlement, depository, registry and asset servicing to support the full transaction lifecycle for Central Securities Depositories.
View features of the Nasdaq CSD Suite below.
Supports multiple settlement models, currencies and markets on a common ISO-based framework
Provides flexible settlement capabilities, enabling change in market model Supports smooth and fault-free settlement supported by optimization algorithms, securities lending and borrowing and buy-in processing
Provides management and processing of standard corporate actions with high flexibility for market specific configurability
Provides registry services for issue, transformation and other shareholder servicing
Presents an open architecture enabling seamless integration with upstream and downstream systems
Supports direct linkages with banks and central payment platforms
Full STP and based on global standards and market practices
Key Benefits of Nasdaq's CSD Suite
Lower Cost of Ownership
Reduced operational complexity with lower total cost of enhancements and changes to the system.
Purpose-built for CSDs
Built for full service CSD’s including trade and instruction management, settlement, custody, corporate event management and registry.
Full coverage for all types of securities, multi-currency and support for smooth, fault-free settlement with optimization algos, securities lending and borrowing, and buy-in processing.
Streamline often complicated corporate action processing with full flexibility for market specific configurations in an STP environment.
Easily leverage the newest technologies and more quickly implement them in areas that make sense, helping to take advantage of emerging technologies as they come to market.
Future-proof your organization
Robust and dynamic infrastructure with industry-leading throughput and performance is built for change, to ensure CSDs are prepared for whatever comes next.
Nasdaq CSD Community
Seamless Integration via NFF
Key Considerations for CSD System Selection
Nasdaq Financial Framework for CSDs
Nasdaq Financial Framework for Clearinghouses
Nasdaq Financial Framework for Marketplaces
Nasdaq Financial Framework Overview