Modernizing Capital Market Operations & Infrastructure
Simplify, standardize & digitalize. New technologies are key to strengthening tomorrow’s markets today.
Blueprint for Tomorrow's Markets
Future competition will continue to intensify with global participation, new assets and new players fighting for market share. At the same time, settlement times are becoming shorter and, resilience demands are increasing.
We believe the only way to future-proof for these inevitabilities is to modernize critical infrastructure across the entire value chain. Nasdaq is helping lead this charge through our own markets and technology solutions, as well as blueprints to help drive and guide cloud transformation with our global clients as the foundation for modernization.
Our Vision
The technology paradigm is shifting quickly and FMIs need to keep pace as participants evolve around them. However, legacy systems are a major obstacle to positioning for the future. Modernization is thus critical to not only increasing resilience and flexibility in the near term but also innovating in the long term, securing new opportunities for FMIs and fortifying markets for everyone.
Operational Excellence
Change is a constant in capital markets and aging systems make it harder for FMIs to optimize. Embracing cloud and new technologies, deployment models and third-party infrastructure services can help FMIs drive modernization that breeds operational excellence through streamlined processes and automation.
Resilience
Pressure on several fronts is putting resilience in focus, whether increased regulation, participant demands or legacy systems approaching end of life. Modernized infrastructure, built with cloud at the foundation but also encompassing microservices and modular platforms, enables FMIs to allocate resources more effectively while also gaining scale and flexibility.
Standardization
Industry-accepted best practices should be deployed wherever possible to lower participation barriers. Emerging economies in particular can benefit from market infrastructure built with established protocols and APIs, which appeals to international investors.
Software-as-a-Service
SaaS can open new doors for FMIs that embrace the deployment model. At a high level, SaaS can deliver cost efficiencies and scalability; more importantly, SaaS can plug FMIs into continuous improvement and seamless deployment of updates without traditional resource-intensive upgrades, which quickens their time to market and pace of innovation.
Learn How We’re Empowering Infrastructure Modernization at Speed and Scale
Magnus Haglind, Head of Marketplace Infrastructure Technology, and Valerie Bannert-Thurner, Senior Vice President of Anti-Financial Crime Technology, talk about what defines modern infrastructure
Nasdaq's Journey to the Cloud
Transforming the Capital Markets of Tomorrow
For the past 50 years, Nasdaq has strived to reimagine markets to realize the potential of tomorrow. With disruption in our DNA, we view technology as the conduit to greater opportunities, everywhere.
Learn MoreBolsa Electrónica de Chile and Bringing Markets to the Cloud
Nasdaq EVP, Market Platforms Roland Chai discusses how our technology infrastructure supports Bolsa Electrónica de Chile and our global partners on their cloud journeys in a safe and resilient manner.
Watch the VideoWhat Nasdaq is Doing?
Being an early adopter, we’ve seen first-hand the long-term value that cloud-enabled infrastructure provides to the entire capital markets ecosystem. We gain scale, agility and reliability while also empowering our clients (both exchange participants and exchange operators) through access, experience and performance:
Markets Migrated to Cloud
Our MRX options market was fully moved to the cloud in 2022, a pioneering migration. The Nasdaq Bond Exchange was next to follow in 2023 with the GEMX options market also scheduled—and more to come.
Learn MoreAWS Partnership
Our multi-year partnership with AWS, struck in 2021, has accelerated our cloud journey and is aimed at shaping our cloud operations, enabling us to process billions of messages a day and support regulated systems in the cloud.
Learn MoreSaaS for FMIs
We’re delivering Software-as-a-Service trading technology, as well as post-trade solutions, with the ultimate goal to take our 130+ market infrastructure clients to the cloud.
Learn MoreCarteret Data Center
The NY11 data center, a marquee investment, broke ground in 2022 and offers connectivity and colocation for participants, while also providing edge computing capabilities to power Nasdaq markets.
Learn MoreMeet Our Customers
Market Infrastructure Insights
Learn More About Nasdaq's Modernization Journey
We’ve learned many lessons over our decades-long modernization journey and supporting next-gen markets that promote inclusive growth. These experiences have given us valuable insights to share with others working their way down the same path. Here are some educational and thought leadership resources that showcase our commitment to innovation and better capital markets for tomorrow.
Solutions Built for Global Markets
Trading Technology
Manage the full range of trading functions - from price formation to order matching - in one solution with robust functionality supporting trading in any asset.
Explore Nasdaq's Trading TechnologyNasdaq Clearing Technology
Leverage high-velocity, real-time, cross-asset class clearing and settlement with Nasdaq's Clearing Technology.
Explore Nasdaq's Clearing TechnologyCCP Risk Technology
Full CCP risk coverage from position keeping and collateral to dynamic limits and data aggregation.
Explore CCP Risk TechnologyCSD Technology
Effectively manage multiple business opportunities including Settlement, Depository, Registry and Asset Servicing.
Explore CSD Technology