Nasdaq AxiomSL Expands RegTech Deployment with Revolut, Accelerating Global Growth

Core Insights - Nasdaq has expanded its strategic regulatory technology partnership with Revolut, focusing on the deployment of Nasdaq AxiomSL, a platform used by 90% of global systemically important banks (G-SIBs) for regulatory compliance [1][4] - Revolut has consolidated its regulatory reporting infrastructure across Europe, recently integrating workflows in the UK, and aims for scalable compliance with new requirements through this partnership [2][3] - The partnership emphasizes a commitment to responsible innovation and scalable compliance, allowing Revolut to streamline reporting across multiple jurisdictions and maintain data integrity [4][5] Company Overview - Revolut, launched in 2015, has over 65 million customers globally and facilitates more than a billion transactions monthly, offering innovative financial products [7] - Nasdaq serves a wide range of clients, including over 135 market infrastructure providers, 35 central banks, and more than 3,800 clients in the financial services industry, focusing on improving liquidity, transparency, and integrity in global markets [6][8]