Banks Can Now Streamline Operations With Nasdaq Calypso On AWS

Core Insights - Nasdaq Inc. and Amazon Web Services have expanded their partnership to offer Nasdaq's Calypso platform as a fully managed service on AWS, aiming to streamline capital markets and treasury operations [1][4] - The managed service allows clients to manage front-to-back-office workflows, risk, and compliance with faster rollouts and regular updates, facilitating modernization of legacy systems [2][5] - Nasdaq's technology supports a significant portion of the financial services industry, including 97% of global systemically important banks and half of the top 25 stock exchanges [5] Partnership Details - The collaboration is seen as a strategic inflection point for Nasdaq as market participants face fragmented systems and increasing regulatory demands [3] - The cloud-managed services provide the necessary flexibility and scalability for financial institutions to innovate while maintaining critical legacy operations [4] Market Impact - Nasdaq's stock has increased over 19% in the past year, indicating positive investor sentiment [3] - The expansion of Calypso on AWS is designed to reduce data-flow friction and enable advanced analytics, which can drive efficiency and growth for financial institutions [6]