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

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    Nasdaq Eqlipse Clearing

    Provide high-velocity, real-time, cross-asset class clearing, risk management and settlement

    Nasdaq Eqlipse Clearing

    Nasdaq's real-time clearing technology provides Central Counterparty Clearing Houses (CCPs) with cost-efficient, high-velocity clearing, settlement and risk management capabilities for safe, efficient and reliable operations.

    Comprehensive Multi-Asset Clearing Capabilities

    CCPs operate in an increasingly complex landscape where changing regulations, evolving client demands and growing data volumes require ability to operate resiliently while exploring new business and growth opportunities.

    Nasdaq Eqlipse Clearing provides comprehensive clearing, risk management and settlement capabilities for CCPs across multiple asset classes and instruments. With a modular, scalable and resilient architecture, it provides support for the most demanding markets as well as the ability to scale down for low footprint setups and allows CCPs to adapt to mandated changes and launch new products and services with short time to market.

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

    Nasdaq Eqlipse Clearing combines global clearing expertise and best practices with cutting-edge innovation to build resilient, intelligent infrastructure that empowers CCPs to navigate change and launch new products and services with short time-to- market.

    CCPs operate in an increasingly complex landscape where changing regulations, evolving client demands and growing data volumes require ability to operate resiliently while exploring new business and growth opportunities.

    Nasdaq Eqlipse Clearing provides comprehensive clearing, risk management and settlement capabilities for CCPs across multiple asset classes and instruments. With a modular, scalable and resilient architecture, it provides support for the most demanding markets as well as the ability to scale down for low footprint setups and allows CCPs to adapt to mandated changes and launch new products and services with short time to market.

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

    Nasdaq Eqlipse Clearing combines global clearing expertise and best practices with cutting-edge innovation to build resilient, intelligent infrastructure that empowers CCPs to navigate change and launch new products and services with short time-to- market.

    Nasdaq Clearing Tech for marketplaces
    Nasdaq CSD Technology Benefits

    Clearing solutions built for modern CCPs, to compete at a global scale.

    Advanced Risk Management:

    Real-time margining, stress testing, risk analytics, alerts and visualization to support informed decisions, protect market stability and allow for efficient use of collateral.

    Proven Performance:

    Built on Nasdaq’s industry-leading clearing technology, trusted by CCPs and clearinghouses worldwide.

    Scalability and Flexibility:

    Serves different customer needs with configurable workflows and support for  multiple -asset classes,  clearing models and segregation structures.

    Regulatory Alignment:

    Built to meet global CCP standards across numerous regulatory regimes, ensuring transparency and compliance.

    AI-Powered Insights & Automation

    Features embedded AI assistants that streamline key CCP processes.

    Modular Adaptability:

    Configurable features support diverse asset classes, from equities, fixed income and derivatives to digital assets.

    Cloud-First Architecture:

    Delivers cost-effective scalability, operational resilience, and seamless system updates.

    Advanced Risk Management:

    Real-time margining, stress testing, risk analytics, alerts and visualization to support informed decisions, protect market stability and allow for efficient use of collateral.

    Proven Performance:

    Built on Nasdaq’s industry-leading clearing technology, trusted by CCPs and clearinghouses worldwide.

    Scalability and Flexibility:

    Serves different customer needs with configurable workflows and support for  multiple -asset classes,  clearing models and segregation structures.

    Regulatory Alignment:

    Built to meet global CCP standards across numerous regulatory regimes, ensuring transparency and compliance.

    AI-Powered Insights & Automation

    Features embedded AI assistants that streamline key CCP processes.

    Modular Adaptability:

    Configurable features support diverse asset classes, from equities, fixed income and derivatives to digital assets.

    Cloud-First Architecture:

    Delivers cost-effective scalability, operational resilience, and seamless system updates.

    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 LatAm Markets Survey

    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.

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

    David Hoag, Chief Information Officer of OCC

    We started down this path to replace our core clearing and risk settlement systems with the objective of delivering a resilient and adaptable solution to be able to not only provide our core
    client services in a reliable way, but also add new capabilities quickly and bring things to market with a lot more agility.

    303 Configuration Management Tools

    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.

    307 Calypso Performance and Monitoring

    Factsheet

    Nasdaq CCP Clearing and Collateral Solutions

    As regulatory reforms and market structure changes transform collateral management needs globally, Nasdaq’s Clearing and Collateral solutions provide a strategic platform for CCPs to enhance services, realize collateral efficiencies, and capture business opportunities in the new collateral management paradigm.

    Benefits of Nasdaq Eqlipse Clearing

    How can Nasdaq Eqlipse Clearing help you?

    Leverage Globally Proven Technology

    Build trust, facilitate client onboarding and lower costs with globally recognized standards for clearing services and connectivity. Nasdaq delivers clearing platforms to 15+ CCPs around the world, including our own European clearinghouse.

    Build trust, facilitate client onboarding and lower costs with globally recognized standards for clearing services and connectivity. Nasdaq delivers clearing platforms to 15+ CCPs around the world, including our own European clearinghouse.

    Reduce the Cost and Complexity of Clearing

    Nasdaq Eqlipse Clearing supports multiple clearing, segregation and settlement models, currencies and market types on a common framework.

    Nasdaq Eqlipse Clearing supports multiple clearing, segregation and settlement models, currencies and market types on a common framework.

    Modernize at Scale with a Cloud-Enabled Platform

    With flexibility to operate fully in the cloud, in local data centers or hybrid setups, deployment can be optimized to ensure cost-efficient, scalable and resilient production, backup and test environments.

    With flexibility to operate fully in the cloud, in local data centers or hybrid setups, deployment can be optimized to ensure cost-efficient, scalable and resilient production, backup and test environments.

    Watch the videos

    Market Infrastructure Insights

    Nasdaq Eqlipse: Partnership-Driven Value Delivery
    Gerard Smith, Head of Nasdaq Eqlipse Post-Trade, shares insights on how Nasdaq goes beyond traditional platform provision as a trusted partner for financial market infrastructure organizations.
    Oct 03, 2025
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    Watch the 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 industry 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 industry themes such as regulatory changes, accelerated technology innovation, disruption and modernization. 

    Recent Insights

    Related News

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    Nov 20, 2025

    ClearToken Adopts Nasdaq Eqlipse Clearing to Enhance Capital Efficiency in Digital Asset Markets

    ClearToken is joining forces with Nasdaq to bring Eqlipse Clearing into its new digital settlement service, CT Settle. The announcement highlights how this technology will enable real-time, multi-asset clearing and risk management, supporting delivery-vs-payment (DvP) and netting across digital and traditional markets.

    Nadaq FinTech Blog

    Sept 3, 2024

    How CCPs are Navigating the New Global Collateral Management Paradigm

    The clearing landscape is evolving quickly. Read a summary of Nasdaq's new white paper diving into the trends and then download the full paper to understand the impacts to central counterparty clearing houses (CCPs) and their member firms.

    FT_Article_Asset

    Apr 3, 2024

    Shaping the Future of Capital Markets: Six Financial Market Infrastructure Trends to Know

    Capital markets continue to evolve at a rapid pace. FMIs are at the heart of markets and thus also the intersection of a number of overarching themes and trends. Here are six things FMIs need to know about the drivers shaping the markets of tomorrow.

    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

    Learn how Nasdaq’s CSD Technology enhances Caja de Valores’ ability to meet immediate operational and performance needs, future proof the business, and position it to capture new growth opportunities.

    Get started with Nasdaq.

    Get In Touch

    Discover Nasdaq's Clearing Technology for cross-asset class clearing and settlement.

    Nasdaq Tech Spotlights

    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.
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    Resources

    Additional Information

    Information ranging from factsheets and informational documents on Nasdaq's Clearing Technology, to multimedia on Nasdaq products and related trends, to news about cutting-edge developments in marketplaces and other emergent technologies.

    Marketplace Technology

    Seamless Integration via the Nasdaq Financial Framework

    Marketplace Technology

    Nasdaq Eqlipse Trading

    Manage the full range of trading functions - from price formation to order matching - in one solution with robust functionality supporting trading in any asset.

    Manage the full range of trading functions - from price formation to order matching - in one solution with robust functionality supporting trading in any asset.

    Post- Trade Technology

    CCP Risk Technology

    Explore CCP risk coverage from position keeping and collateral to dynamic limits and data aggregation.

    Explore CCP risk coverage from position keeping and collateral to dynamic limits and data aggregation.

    Post-Trade Technology

    Nasdaq Eqlipse CSD

    Effectively manage multiple business opportunities including Settlement, Depository, Registry and Asset Servicing.

    Effectively manage multiple business opportunities including Settlement, Depository, Registry and Asset Servicing.