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Solium partners with Nasdaq Private Market

Solium Capital, a provider of software-as-a-service for equity administration, financial reporting and compliance, has entered into a preferred partnership with Nasdaq Private Market. 

Under the terms of the related agreements, Solium will enable NPM customers to manage their cap tables and share plans through Solium’s Shareworks platform, as well as access Nasdaq Private Market’s secondary liquidity technology. 
“With the proliferation of companies choosing to remain private longer, private company investors and employees are increasingly seeking a mechanism that enables them to have liquidity events,” says Marcos Lopez (pictured), Solium CEO. “Nasdaq Private Market is the thought leader when it comes to helping private companies execute liquidity-related functions. This partnership will provide our private market customers with access to both NPM’s secondary liquidity technology as well as an opportunity to explore the potential of Nasdaq’s blockchain technology, enhancing our value proposition. These powerful tools will serve to complement Solium’s existing equity administration offerings and enable us to deliver an enhanced solution, better serving our customers.”
Nasdaq Private Market customers currently using ExactEquity will have an opportunity to migrate their cap tables and share plans onto the Shareworks platform.
NPM and Solium expect to unlock future opportunities to better serve private market customers requiring access to cap table/share plan administration, liquidity technology, and blockchain technology.

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