Platform PR Client Grass Valley

Monolith Systems Outfits NASDAQ Control Room and Studio with Grass Valley Solutions for Live Market Updates

Karrera and Trinix combine with existing Grass Valley solutions to deliver round-the-clock financial market updates at the NASDAQ Stock Market

Hillsboro, Ore., March 3, 2014 — New York-based systems integrator Monolith Systems, Inc. today announced it will be equipping NASDAQ’s new MarketSite control room and studio with a Trinix® NXT digital video routing switcher and a Karrera® Video Production Center switcher from Grass Valley®. Currently NASDAQ is using Grass Valley’s Concerto™ routing switcher and Kayak™ digital production switcher for its main on-air broadcasts.

NASDAQ, the second largest stock exchange in the world, is building an entire second floor dedicated to its MarketSite digital broadcasting control room and studio, which will be outfitted with the new Grass Valley technologies. The addition of a new control room and studio will enable NASDAQ to significantly upgrade the performance of its on-air programming, market updates, long form financial network shows, and IPO ceremonies. The project is expected to be complete in June 2014.

“The MarketSite studio in New York City’s Times Square is the face of the NASDAQ Stock Market, and with reporters travelling far and wide from various networks to report on the stock conditions of the day, it demands a superior level of quality,” said Rob Fleischacker, President, Monolith Systems. “We have acted as the NASDAQ’s broadcast systems integrator from day one and have implemented Grass Valley equipment at the site for years. Grass Valley’s technologies provide the perfect level of flexibility and scalability to match NASDAQ’s specific production requirements not only for its new second floor studio, but throughout its entire facility.”

The new Trinix routing switcher will be at the heart of NASDAQ’s new facility, where every broadcast signal into and out of the exchange will pass directly through it. The production switchers are equally crucial to these developments, using both the existing Kayak and the soon to be installed Karrera to provide the switching of multiple camera shoots and incoming fiber feeds for various networks and corporate listing events. The new solutions, together with the existing Concerto and Kayak, bring an unsurpassed level of performance and upgradability to NASDAQ’s live productions.

“NASDAQ is undoubtedly one of the world’s most significant broadcast spaces for financial market reporting. We’ve created a powerful combination of production technologies for NASDAQ that delivers high performance, fast processing, and more advanced capabilities unmatched by anyone in the business,” said Andy Jackson, Senior Vice President of North America, Grass Valley. “By choosing our live production solutions for its facility, NASDAQ will have an extremely efficient control room that can grow to suit its ever-expanding needs.”