NASDAQ OMX brings in new business intelligence product – MiQ

NASDAQ OMX has announced the launch of a new business intelligence solution for capital market operators around the globe – MiQ.

MiQ provides exchanges, clearinghouses, central security depositories (CSDs), and other financial market operators a centralized data management solution tailor-made for supporting the trade lifecycle, reducing the challenges associated with data volumes, processing, storing and retrieval, and speed of extraction. In its first version, developed in partnership with Datawatch, a leading global provider of visual data discovery software, MiQ allows organizations to better visualize cross-system data dynamically as their markets evolve to gain true value and real-time insight.

"The launch of MiQ will significantly improve how market operators effectively and strategically manage and analyze their data. Enabling organizations to be more informed through better data intelligence taken across the entire trade life cycle will help drive liquidity and market share, grow revenues, enhance client services and stay ahead of competition. We are proud to bring this offering to the marketplace," said Lars Ottersgard, Senior Vice-President, Market Technology, NASDAQ OMX.

NASDAQ OMX's exchange technology, including trading, clearing, CSD and market surveillance systems, is in operation in over 80 marketplaces across USA, Europe, Asia, Australia, Africa and Middle East. Our global technology solutions are used by over 10,000 customers in 60 countries.