Lars Ottersgård was named Executive Vice President and Head of Nasdaq Market Technology in October 2014. This business provides technology solutions and services to the exchange and financial services industry globally. Market Technology consists of: Sales, representing the full scale and capability of Nasdaq’s offering to exchanges, clearinghouses and CSD's; Advisory & Training Services, which provides professional services and consulting to the exchange and financial services industry; SMARTS, a leading market surveillance and broker compliance solution for exchange and financial industry; and Business Control, an internal function which supports Market Technology in achieving its strategic objectives through financial analysis and planning.
Mr. Ottersgård joined OMX in 2006 as Global Head of Sales for the company's commercial technology business, and has been leading the Market Technology business for Nasdaq since 2008. Prior to joining OMX, Mr. Ottersgård held various positions at IBM for twenty years, where he covered the Nordic and European markets, and was most recently a senior executive for strategic outsourcing for the Distribution and Communication industries.