Nasdaq and Amazon Web Services, Inc. (AWS) today announced an expansion of their technology partnership by giving financial institutions the option of deploying Nasdaq Calypso on AWS.

It will be offered as a fully managed service powered by AWS, with the underlying technology managed by Nasdaq, as the companies seek to modernize the next generation of capital markets and treasury infrastructure.

Nasdaq Calypso is a capital markets and treasury management platform that allows financial institutions to process front-to-back-office workflows, manage risk, and meet their regulatory obligations. Delivered as a managed service, it eliminates the need for institutions to maintain the platform’s underlying infrastructure, which allows faster deployment and offers more seamless upgrades. This ensures clients consistently operate on the most advanced version, benefit from the resilience and security of proven mission-critical technology and rapidly connect to innovative new capabilities developed by Nasdaq and AWS.

“Market participants face an urgent need to embrace innovation, regulatory change and industry-wide connectivity at scale but are increasingly constrained by complex and fragmented legacy architecture,” said Magnus Haglind, Head of Capital Markets Technology at Nasdaq. “This is a strategic inflection point for infrastructure across the capital markets ecosystem. As cloud and managed services increasingly become the preferred model for mission-critical platforms, our expanded collaboration with AWS positions Nasdaq to lead this industry-wide transformation.”

“Today, financial institutions are faced with a technological paradox – needing to innovate their technology stack rapidly while maintaining legacy infrastructure to support mission-critical operations,” said John Kain, Director of Financial Services Market Development at AWS. “Our expanded collaboration enhances Nasdaq Calypso’s solution with high-performing, scalable and secure infrastructure. This is another perfect example of how Nasdaq is leveraging AWS to deliver more agile, resilient financial infrastructure that’s more future-ready for the industry.”

This move marks another significant milestone in Nasdaq and AWS’s partnership across Nasdaq’s suite of capital markets and regulatory technology platforms. With accelerating adoption of managed services platforms, mission-critical solutions can be brought closer together in a single environment to create a more agile platform for joint modernization. The approach also reduces friction for real-time data flows between systems, simplifies data architecture and empowers advanced AI analytics to enhance operational efficiency and unlock new growth opportunities.

A convergence of ongoing market reforms, evolving regulatory requirements, and geopolitical factors impose significant new demands on capital markets and treasury management infrastructure. Many financial services institutions are seeking to consolidate their underlying architecture, and shift to managed services solutions, to benefit from modern technology and regularly enhanced capabilities.

The deployment model for Nasdaq Calypso, powered by AWS, offers a unified environment for managing trading, risk, margin, collateral workflows and data analytics.

Institutions will benefit from:

• Accelerated technology modernization, including Nasdaq and AWS’s joint commitment to innovation with access to enhanced capabilities across digital assets and AI, as well as AWS elastic data grid for faster and optimized risk calculations;
• Standardized implementation and regular updates to meet evolving regulations and the flexibility to comply with new mandates as business expansion triggers new requirements;
• Enhanced operational efficiency across the platform, including a simplified testing environment and the flexibility to tailor the platform to meet bespoke integration and data flows;
• Access to Nasdaq’s comprehensive intelligence and data management capabilities that enable AI-powered analytics to capitalize on the value of integrated data across the platform. This will be available to both new and existing cloud clients.