Nasdaq says it has become the first U.S. stock market to meet ISO 9001 standards for quality management and assurance set forth by the International Organization of Standards.

The ISO 9001 standard covers a range of business processes from the design and development to the production, implementation, and servicing of offerings.

The ISO 9000 series of International Standards for quality management and quality assurance has been adopted in hundreds of countries, and is being implemented by thousands of top manufacturing and service organizations in both the public and private sectors.

Nasdaq’s Computer and Network Operations, Facilities and Technical Services received the ISO 9001 certification. Nasdaq worked with Merrimack College in North Andover, Mass., and TUV Management to facilitate the certification process.

“We are committed to improving the quality of our services continuously through consistent processes and quality initiatives,” said Gregor Bailar, executive vice president of operations & technology and chief information officer, Nasdaq. “By achieving ISO 9001 certification, Nasdaq has again set a new, higher standard of excellence for the industry, reaffirming Nasdaq’s position as the premier stock market in the world.”