Nasdaq (NDAQ) and Amazon Web Services (AWS) announced an expansion of their strategic technology partnership on September 25, 2025, enabling financial institutions to deploy Nasdaq Calypso as a fully managed service on AWS. This collaboration aims to modernize capital markets and treasury infrastructure, leveraging Nasdaq’s technology expertise and AWS’s scalable cloud infrastructure.
Nasdaq Calypso is a capital markets and treasury management platform designed for:
Front-to-Back Workflows: Streamlines trading, risk, margin, and collateral processes.
Risk Management: Enables real-time risk monitoring and mitigation.
Regulatory Compliance: Ensures adherence to evolving mandates like PCI DSS and Basel Framework. Delivered as a managed service, it eliminates infrastructure maintenance, enabling faster deployment, seamless upgrades, and access to cutting-edge features.
The AWS-powered deployment offers:
Accelerated Modernization: Access to digital assets, AI analytics, and AWS’s elastic data grid for optimized risk calculations.
Regulatory Flexibility: Standardized updates to meet new compliance requirements.
Operational Efficiency: Simplified testing and tailored integrations for bespoke data flows.
AI-Powered Insights: Comprehensive data management for advanced analytics, enhancing decision-making.
Financial institutions face challenges from legacy systems amid market reforms and geopolitical shifts. The managed service model consolidates architecture, reducing friction in data flows and enabling innovation. Nasdaq’s technology supports 97% of global systemically important banks, half of top 25 stock exchanges, and 35 central banks, positioning it to lead industry-wide transformation.
Magnus Haglind, Head of Capital Markets Technology, Nasdaq: “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. This is a strategic inflection point for infrastructure across the capital markets ecosystem.”
John Kain, Director of Financial Services Market Development, AWS: “Our expanded collaboration enhances Nasdaq Calypso’s solution with high-performing, scalable and secure infrastructure.”
This partnership aligns with the growing adoption of cloud and managed services for mission-critical platforms, reducing operational complexity and enabling real-time analytics. It positions Nasdaq and AWS to address the “technological paradox” of balancing innovation with legacy system stability.
Nasdaq (Nasdaq: NDAQ) delivers world-leading platforms to enhance liquidity, transparency, and integrity in global markets. Serving 3,800+ clients, its data, analytics, and software solutions empower corporate clients, investment managers, banks, and exchanges. Visit www.nasdaq.com.
AWS, since 2006, offers over 240 services across 114 Availability Zones in 36 regions, supporting millions of customers with compute, storage, AI, and more. Learn more at aws.amazon.com.