Nasdaq to Provide Technology for Argentine Central Securities Depository
Nasdaq Inc. and Caja de Valores S.A., Argentina’s Central Securities Depository (CSD) and an integral part of Bolsas y Mercados Argentinos (BYMA), have signed a new agreement for Nasdaq to deliver a full CSD technology solution to Caja de Valores which includes registrar services. This deal marking Nasdaq’s second CSD client in Latin America. By leveraging Nasdaq’s technology, Caja de Valores can upgrade its current in-house developed system. The new solution will allow them to process larger volumes of transactions with a significantly increased speed and agility, while also meeting international standards in CSD products and messaging services. The technology will also benefit the company in creating, supporting and expediting efforts in launching new products and services to their existing client base and future customers alike. More than 250 of the world's market infrastructure organizations and market participants are powered by Nasdaq’s market technology in over 50 countries, including broker-dealers, exchanges, clearinghouses, central securities depositories and regulators.