Nasdaq and Amazon Web Services (AWS) have launched a cloud blueprint designed to modernise global capital markets and promote a more resilient financial ecosystem.

The blueprint offers a “comprehensive infrastructure and software package” to address technological complexity, evolving regulations, and shifting investor demands.

Nasdaq said that the blueprint's core components include an integrated infrastructure where the two companies co-locate exchange systems, trading participant platforms, and AWS services to ensure “low-latency, high-bandwidth connectivity” while maintaining full control over data.

As part of the modernisation plan, Nasdaq has rolled out Nasdaq Eqlipse, a technology offering cloud-ready capabilities and data intelligence across the entire trading lifecycle.

The new suite of solutions aims to enable market participants to increase liquidity, facilitate capital flows and drive growth, while providing boosted security and resilience.

Nasdaq Eqlipse Intelligence, a service that is part of the new technology, also offers cloud-based data management, analytics and reporting capabilities specific to market operator workflows.

The initiative aims to promote transparency, improve liquidity and protect market integrity by strengthening trading, clearing and settlement operations and reducing barriers for local, regional and global investors with secure access.

The blueprint uses AWS' global network and low-latency traffic routing to support fast, frictionless connections for markets and investors around the world.

"Market participants are facing increasingly unique complexities, including the acceleration of emerging technologies, regulatory standards and evolving customer needs,” Nasdaq said in a statement.

Adena Friedman, chair and chief executive at Nasdaq said that local economies thrive when global capital markets are robust.

She added: “By reducing complicatedness, friction, and fragmentation we are fortifying the financial system with greater connectivity and resilience and enabling a new era of economic growth and prosperity.”

Nasdaq said the Nordic markets will be first to adopt the blueprint.

The move aims to provide additional services to its Nordic customers thanks to the AWS infrastructure, which will enable them to rapidly scale GPU usage within Nasdaq's data centre in Väsby, Sweden.

Nasdaq has also expanded its modernisation partnership with both Johannesburg Stock Exchange (JSE) and Mexico’s Grupo BMV.

Commenting on the deployment in the Mexican market, Jorge Alegría, chief executive, Grupo BMV, said: “Our post-trade technology infrastructure is undergoing a transformative evolution, with Nasdaq playing a pivotal role as our enabling partner, as we look toward the next decade.”

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