Nasdaq CSD is licensed under the CSDR and has a business presence in Estonia, Iceland, Latvia and Lithuania. It is powered by a modern STP solution connected to T2S – the single pan-European platform for securities settlement in central bank money. With a focus on service excellence and maximum efficiency, Nasdaq CSD serves all four markets well and in accordance with the highest operational standards.
The four Securities Settlement Systems run on a single instance of Nasdaq CSD’s system and one interface to T2S. Local services are retained on surrounding systems.
Nasdaq CSD offers a network connectivity solution that functions as a gateway to its infrastructure systems. It is a production network based on MPLS VPN technology which has a high level of redundancy and ensures cost-effective high-performance communication with the Nasdaq CSD markets. Connectivity to the solution can be established either by a leased line or VPN. Each Nasdaq CSD Participant should consider having an alternative connection available for redundancy.
Nasdaq CSD recommends the use of a leased line as the primary connection and a VPN as a backup. Nasdaq CSD Participants are responsible for deciding the number of connections and connectivity options necessary.