OREANDA-NEWS. June 15, 2012. Baltic Data Center, a leader in data centre and information systems management in the Baltic States, has signed a tripartite agreement with NASDAQ OMX Vilnius Stock Exchange and the Central Securities Depository of Lithuania for hosting the equipment of the Stock Exchange and the Depository in the data center, ensuring a reliable connection with the Baltic and Nordic stock exchanges and the Baltic depositories.

The data center of Baltic Data Center was selected after the evaluation of data centers in Vilnius by experts from NASDAQ OMX Group.

According to the signed long-term agreement, the equipment, which will run in the data centre of Baltic Data Center, will, through a reliable duplicated fiber-optic connection, connect NASDAQ OMX Baltic Stock Exchanges in Vilnius, Riga and Tallinn with the Stockholm Stock Exchange, which operates the trading systems  of the NASDAQ OMX Nordic and Baltic exchanges, into a single common Baltic ring. For the local members (banks and brokerage firms and their clients) of NASDAQ OMX Vilnius, this IT infrastructure will ensure reliable use of the trading systems.

The data center of Baltic Data Center will also host the information systems of the Central Securities Depository of Lithuania that ensure payments for the transactions concluded on NASDAQ OMX Vilnius and include information on the securities issued for public circulation in Lithuania.

Until now, the information systems of NASDAQ OMX Vilnius and the Central Securities Depository of Lithuania have been running in organizations’ offices and at the premises of the Settlement Center of the Bank of Lithuania.