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NASD Launches New Technology Unit

Traders Magazine, January 1999

Jeffrey L. Winograd

One of the most intriguing new units of the National Association of Securities Dealers is the newly-created NasTech Alliance. The NASD said the unit is responsible for vendor management, financial management and risk and control processes.

Basically, the main purpose of NasTech is to support the integration of the technology backbone of the NASD and its NASD Regulation subsidiary. NasTech is the product of a partnership of the NASD itself and Electronic Data Systems (EDS).

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