For FMIs, cloud transformation can be challenging to assess using a traditional total-cost-of-ownership (TCO) framework. In a new paper from Celent, commissioned by Nasdaq, a rethought TCO equation is argued for that captures the holistic costs of FMIs “standing still.”

As market infrastructures advance their cloud strategies and relationships with cloud service providers (CSPs), it’s vital they bring regulatory stakeholders in early and often. This report highlights the increasing adoption of cloud tech among FMIs, who are using it to foster innovation, improve efficiency, and enhance resilience in capital markets.

Based on lived experience in migrating three markets to the Cloud and on insights and observations gathered from delivering mission-critical market infrastructure solutions worldwide, Nasdaq has compiled a new viewpoint paper aimed at providing the 2024 Outlook for Cloud in Market Infrastructure.
 

Learn more about the intricacies of infrastructure modernization, cloud adoption and how to lay the groundwork for long-term success.

Discover how marketplaces can build and scale their markets with the right technology.

Discover how establishing a new marketplace model can meet the demand for carbon credit assets can create a standard way to trade carbon credits.

As regulatory reforms and market structure changes transform collateral management needs globally, Nasdaq’s Clearing and Collateral solutions provide a strategic platform for CCPs to enhance services, realize collateral efficiencies, and capture business opportunities in the new collateral management paradigm.

With over 50 years' experience of operating electronic exchanges, Nasdaq offers multi-asset trading technology purpose-built for efficient and robust matching across a broad spectrum of market models and needs.

Nasdaq’s Clearing Technology provides comprehensive multi-asset clearing, risk and settlement capabilities that unlock operational and cost efficiencies for CCPs, their members and clients. A cloud-native, scalable and resilient solution, it enables CCPs to innovate, launch new products with short time-to-market, and expand capacity with growing volumes.

Consistent with international standards and best practices, Nasdaq CSD Technology delivers a stable and high-performing core infrastructure for multi-asset depository, settlement and corporate actions with high throughput. In parallel, the agile solution enables CSDs to innovate and realize new business opportunities like expansion into digital assets, international custody and securities financing.