Nasdaq Debuts Groundbreaking Nasdaq Financial Framework, Enhancing Operations for Over 100 Market Operators Globally

New harmonized approach of entire technology portfolio provides market operators seamless tech functionality across full trade lifecycle

Allows for effortless adoption and adaptation of new technologies for operators

Blockchain is fully integrated with any application around the framework

NEW YORK, May 26, 2016 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced today the launch of the Nasdaq Financial Framework, the company's harmonized approach to delivering robust end-to-end solutions to financial infrastructure providers globally in an open, agile environment. Nasdaq has also integrated the framework across all of its business units and will immediately make the Financial Framework available to its more than 100 market operator clients globally, including traditional exchanges, inter-broker dealers and alternative trading venues, clearing houses and central securities depositories (CSDs).

"This is a watershed moment for how market operators integrate and operate their market technology," said Adena Friedman, President and Chief Operating Officer, Nasdaq. "The Nasdaq Financial Framework is the result of significant R&D efforts and transforms our offering into a modular portfolio that enables a more flexible, tailored approach to each client's business and their ambitions. We are excited to bring this offering to our clients and prospects who run the infrastructure of the world's capital markets."

The framework consists of a single operational core that ties together the deep portfolio of Nasdaq's proven business functionality across the trade lifecycle, in an open framework whereby exchanges, clearinghouses and CSDs can easily integrate Nasdaq's business applications with each other, as well as with other external solutions. In addition to being able to integrate a broad range of business functions, the Nasdaq Financial Framework's unique, purpose-built design enables market operators to easily leverage the latest in technology developments-including blockchain-and bring new functionality to market more quickly.

"We have closely collaborated with our clients-including Nasdaq's technology leaders who oversee our markets-to understand and anticipate what the future will require of market operators and how they can address both business challenges and opportunities ahead," said Lars Ottersgård, Executive Vice President and Head of Market Technology, Nasdaq. "We believe the Nasdaq Financial Framework underscores our dedicated focus on the stability, reliability and resiliency of our systems to ensure that our clients can safely and effectively introduce new technologies into their operations and evolve and expand their business. We are very proud of this new innovation and the potential the Nasdaq Financial Framework brings to the global marketplace."