In a significant development for the world of private investment, Nasdaq Private Market (NPM) has announced a major milestone: the completion of over $500 million in total trading volume through its innovative Transfer & Settlement (T&S) solutions. This achievement underscores the growing demand for efficient liquidity options in the private equity market and represents a pivotal moment since the T&S service was rolled out in 2023.
The T&S system leverages advanced technology designed to streamline the share transfer process, making it easier and quicker for companies, employees, and investors to execute trades. As the landscape of private markets continues to evolve, the efficiency of transfer processes is increasingly crucial. Andrew Kroculick, Head of Business Operations and Client Experience for Nasdaq Private Market, emphasizes this point by stating, “With the resurgence in private market activities, businesses are dedicating more resources to managing share transfers. Our T&S platform offers a transformative solution that frees up valuable time for equity administration and finance teams, allowing them to focus on more strategic tasks.”
NPM’s T&S product is unique in that it is broker-agnostic, meaning it can accommodate trades executed not only in Nasdaq’s SecondMarket trading venue but also across third-party platforms. The system guarantees that all trades are securely managed and that sensitive data is accessible solely to authorized personnel, ensuring privacy and compliance with regulatory standards.
The benefits of T&S are multifold:
- Cost-Effective Management: Offered as a free service, T&S allows private firms to outsource complex tasks—reducing the internal workload associated with share transfers.
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Robust Data Security: T&S ensures that critical data is kept secure within Nasdaq’s systems, providing companies peace of mind regarding data confidentiality.
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Real-Time Tracking: Users can monitor their data in real-time, check the status of their share transfers, and access detailed audit trails for each transaction, which significantly enhances transparency.
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Streamlined Processes: With simplified holdings verifications and payment processing, T&S reduces the time and effort typically involved in equity management tasks.
By addressing these pain points, Nasdaq Private Market is paving the way for a more investable private market landscape. The increase in settlement efficiency and transparency is likely to attract more participants seeking liquidity solutions.
Over the last decade, Nasdaq Private Market has established itself as a leader in the secondary market for private equity, facilitating transactions totaling over $50 billion and supporting numerous liquidity programs. With a client base that includes over 190,000 individual shareholders, the firm continues to innovate in the sector.
For further insights into this groundbreaking service and its impact on share transfers, visit their dedicated webpage. As more companies recognize the value of efficient share management, T&S stands as a game-changing solution—truly reshaping how private equity transactions are conducted.
Whether you are an investor curious about the private market dynamics or a company looking for efficient liquidity solutions, Nasdaq Private Market’s Transfer & Settlement offering represents a compelling option that signals a brighter future for secondary market processes.