Nasdaq and AWS Expand Partnership to Modernize Capital Markets Infrastructure
Nasdaq and Amazon Web Services (AWS) are deepening their strategic alliance by offering financial institutions the option to deploy Nasdaq Calypso on AWS as a fully managed service. The move aims to streamline capital markets and treasury infrastructure, allowing firms to offload underlying platform maintenance while accelerating deployment and upgrades.
The Calypso platform enables front-to-back-office workflow processing, risk management, and regulatory compliance. By leveraging AWS's cloud infrastructure, Nasdaq ensures clients operate on the latest version with enhanced security and resilience. "Market participants face urgent demands for innovation and regulatory adaptation but are hindered by legacy systems," said Magnus Haglind, Nasdaq's Head of Capital Markets Technology.
This collaboration marks a pivotal shift toward cloud-based solutions in capital markets, addressing industry-wide fragmentation while fostering connectivity and scalability. The managed service model eliminates operational overhead, letting institutions focus on Core business functions rather than infrastructure upkeep.