Nasdaq Repackages Clearing Platform for NFF Tech Stack
The exchange will add further portfolio applications to the NFF according to market demand.
Nasdaq is adopting a microservices model as it repackages its clearing platform for inclusion in the Nasdaq Financial Framework (NFF) tech stack.
Lars Ottersgård, head of market technology at Nasdaq, tells WatersTechnology that the microservice components within the clearing platform include tools for multi-asset clearing, real-time risk, collateral management, over-the-counter workflow management, settlement instruction, price calculation, validation, reporting, and services.
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