A system and method for asynchronous triggering in a waveform generator comprising a DAC sample clock for generating DAC sample clock signal. The system includes a sequencer clock for generating a sequencer clock signal having a frequency of 1/N of the DAC sample clock. The system also includes an output data generator having I outputs to receive a waveform data stream of samples shifted into the data generator at the rate of the sequencer clock signal. An output multiplexer coupled receives samples from each of the I outputs of the output data generator and outputs the samples as a multiplexed data stream to the DAC. A triggering system receives an asynchronous trigger and splits the signal into an integer multiple M trigger inputs, each trigger input delayed by a DAC sample clock cycle. A shift controller determines a trigger position based on the trigger inputs and shifts a different waveform data stream into the data generator in accordance with the trigger position.