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

    Nasdaq Market Surveillance(SMARTS)

    Nasdaq Eqlipse CSD

    Comprehensive CSD Technology supporting a rapidly evolving industry

    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.

    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.

    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.

    CSD technology for scaling markets
    Best Practices for Market Operator Modernization

    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.

    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.

    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.

    Key Benefits of Nasdaq's CSD Technology

    Nasdaq Eqlipse CSD provides stable market infrastructure combined with innovative solutions for future business needs

    Nasdaq CSD Technology Benefits

    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.

    AI-Powered Insights & Automation

    Features embedded AI assistants that streamline key CSD processes.

    Future-proof technology

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

    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.

    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.

    AI-Powered Insights & Automation

    Features embedded AI assistants that streamline key CSD processes.

    Future-proof technology

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

    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.

    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.

    Rodrigo Roblero, General Manager, DCV

    "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."

     

     

     

    Case Study

    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.
     

    Latest Industry Insights & Product Updates

    Financial market transition - Nasdaq and value exchange webinar

    Financial Market Transition: An Industry Perspective

    Get key takeaways from The ValueExchange's global post-trade survey and watch a panel discussion about how industry leaders are balancing critical themes such as regulatory changes, accelerated technology innovation, disruption and modernization.

    Get key takeaways from The ValueExchange's global post-trade survey and watch a panel discussion about how industry leaders are balancing critical themes such as regulatory changes, accelerated technology innovation, disruption and modernization.

    Post-trade value exchange survey

    VX Post-trade Survey 2023

    Nasdaq partnered with ValueExchange to develop a global pulse on how 300+ decision-makers spanning global post-trade constituents are actioning their transformation journeys.

    Nasdaq partnered with ValueExchange to develop a global pulse on how 300+ decision-makers spanning global post-trade constituents are actioning their transformation journeys.

    Nasdaq CSD Buyers Guide

    Download "Key Considerations for CSD System Selection"

    Download our insider's guide with a 16-step framework that can help you select the best Central Securities Depository (CSD) solution for your market.

    Download our insider's guide with a 16-step framework that can help you select the best Central Securities Depository (CSD) solution for your market.

    Nasdaq CSDs and Digital Assets Webinar

    CSD Opportunities in the Digital Assets Landscape

    In this webinar, Andreas Lundell, Head of Product, Nasdaq Eqlipse CSD discusses the coexistence between traditional and digital assets and the opportunities for CSDs to expand their business with new, digital, asset classes.

    In this webinar, Andreas Lundell, Head of Product, Nasdaq Eqlipse CSD discusses the coexistence between traditional and digital assets and the opportunities for CSDs to expand their business with new, digital, asset classes.

    Nasdaq Eqlipse CSD 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
    • 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
    Corporate group meeting

    Watch the videos

    Market Infrastructure Insights

    Nasdaq Tech Spotlight: Abu Dhabi Securities Exchange (ADX)
    Abu Dhabi Securities Exchange (ADX) is transforming the region's capital markets by integrating advanced technology with Nasdaq, creating a more innovative and efficient investment experience for all.
    Jan 09, 2026
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    In the News

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    Dec 16, 2025

    Q&A with the Iraq Stock Exchange on Infrastructure Modernization with Nasdaq Eqlipse CSD

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    Nov 4, 2025

    Evolution of Post-Trade Infrastructure: How Artificial Intelligence is Impacting CCP and CSD Modernization

    FT_Press_Release_Resource_Asset

    Mar 18, 2025

    Nasdaq and nuam Strengthen Technology Partnership to Drive Capital Market Integration in Latin America

    FT_Press_Release_Resource_Asset

    Jan 11, 2024

    Argentina’s CSD Caja de Valores Adopts Nasdaq Technology to Modernize the Country’s Post-Trade Infrastructure

    Press Releases

    Get Started with Nasdaq

    Get in touch to learn how Nasdaq's CSD Technology can support your market.

    Additional Information

    Learn more about Nasdaq's CSD Technology for market operators

    Stay up to date with the latest CSD thought leadership and product information

    Support

    CSD Technology Frequently Asked Questions (FAQs)

    Nasdaq is dedicated to answering all your questions about our Technology for Central Securities Depositories. Below are some of our most frequently asked questions about the platform.

    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.

    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.

    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.

    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.

    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.

    Marketplace Technology

    Seamless Integration via the Nasdaq Financial Framework

    Nasdaq Eqlipse Clearing

    Streamline clearing operations with multi-asset, real-time clearing and settlement for technology CCPs.

    Nasdaq Eqlipse Trading

    Take your trading and matching infrastructure to the next level with Nasdaq Eqlipse Trading

    Nasdaq Eqlipse Intelligence

    A comprehensive platform for democratizing data access, enhancing operational efficiency and generating new revenue streams.

    Nasdaq Market Surveillance

    Maintain fair, transparent and safe markets with a robust platform for exchanges, marketplaces and regulators to manage cross-market, cross-asset, multi-venue surveillance.