CSD Solution

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Overview

X-stream CSD helps CSDs effectively manage multiple business opportunities including Settlement, Depository, Registry and Asset Servicing.

Specifically designed for CSDs and constructed for low cost-of-ownership and rapid delivery, X-stream CSD helps CSDs seeking to solve multiple business opportunities including Settlement, Depository, Registry and Asset Servicing. Connectivity is out-of-the-box to other Nasdaq market infrastructure systems and via standard protocols to third party clearing and trading venues. X-stream CSD can be deployed stand-alone or be integrated into a clearing environment.

Key Features

  • Purpose built for full service CSD’s including trade and instruction management, settlement, custody, corporate event management and registry. Add-on modules include cash management for limited bank license holders, SLB and web based services to issuers and investors.
  • Full coverage for all types of securities, multi-currency and support for smooth, fault-free settlement with optimization algos, securities lending and borrowing, and buy-in processing
  • Built to enable full STP and based on global standards and market practices.
  • Technology based on proven X-stream components and architecture; open source, low cost

Key Benefits

Consistent with international standards, business conduct policies, and European T2S requirements, X-stream CSD helps CSDs effectively manage multiple business opportunities including Settlement, Depository, Registry and Asset Servicing. Specifically designed for CSDs and constructed for low cost-of-ownership and rapid delivery, X-stream CSD is adaptable to multiple business models and changing market conditions. X-stream CSD can be deployed on a standalone basis or integrated into an existing clearing environment. The solution seamlessly connects to third-party trading and clearing solutions via standard protocols and is tightly integrated with other Nasdaq market infrastructure systems.

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