From Nasdaq: 2024-05-29 14:19:00

Nasdaq announced a partnership with FIA Tech to enhance post-trade data processing for exchange-traded derivatives. This collaboration aims to streamline data processing, reduce complexity, and improve post-trade data quality. This move will expand Nasdaq’s presence in new markets and attract new clients, ultimately benefiting all parties involved.

Through this partnership, Nasdaq’s platform users will gain access to FIA Tech’s network, enhancing data quality for post-trade reporting and analysis. The integration of both platforms will result in improved processing time, lower complexity, and reconciliation issues. This will empower clients to make informed decisions and help Nasdaq strengthen its position in the financial technology solutions market.

Nasdaq’s strategic move comes at a time of increasing demand for post-trade processing solutions globally. The partnership is expected to address inefficiencies in the post-trade network, benefiting market participants and enabling efficient use of capital. This collaboration is a win-win situation, leading to revenue growth for Nasdaq and reinforcing its position as a financial technology solutions provider in the market.

Read more at Nasdaq: Nasdaq (NDAQ) & FIA Tech to Enhance Post Trade Infrastructure