The possibility to clear and settle transactions on different marketplaces and clearing platforms in Europe creates high demands on the technical infrastructure. Nasdaq Information Interface Service, (NOIIS) offers Financial Institutions the possibility to connect to a large number of information vendors, marketplaces, Central Securities Depositories and Central Clearing Counterparties through one interface. Moreover, all infrastructure, support and continuous maintenance is handled by Nasdaq.
With NOIIS, the information is gathered from a large number of sources and is translated to a standardized format. The information is then delivered through one interface where the receiving systems can import the information in real time. Clients using NOIIS will benefit both from cost as well as resource savings.