• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

Oppo Find N5 review: Stellar foldable has one big problem

July 30, 2025

The Naked Gun review: Charged with man’s laughter

July 30, 2025

Samsung Galaxy Tab S10 FE+ review: A Galaxy Tab S10+ for less?

July 30, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Fintech»Nasdaq splits business into three seperate divisions
Fintech

Nasdaq splits business into three seperate divisions

September 30, 2022No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cion Digital names Sundar Nagarathnam COO
Share
Facebook Twitter LinkedIn Pinterest Email

Nasdaq, Inc. (Nasdaq: NDAQ) at this time introduced that it’s organizing its enterprise items into three divisions: Market Platforms, Capital Entry Platforms, and Anti-Monetary Crime.

This new construction will align the corporate extra carefully to the foundational shifts which might be driving the evolution of the worldwide monetary system and evolving consumer wants.

“The monetary system is being remodeled by the modernization of markets, company and investor give attention to long-term worth creation, and the rising significance of defending the system’s integrity,” mentioned Adena Friedman, President & CEO of Nasdaq. “The worth created by our technique over the previous 5 years has given us the arrogance to speed up our efforts in our main development areas by means of this new company construction, with our final objective to change into the trusted cloth of the monetary system.”

Market Platforms

Market Platforms will embody Nasdaq’s North American and European Market Providers, Market Infrastructure Know-how, in addition to two new development pillars: Digital Property and Carbon Markets. As we speak, Nasdaq is the most important market in U.S. equities and has the primary share in Nordic equities and U.S. fairness choices. Nasdaq powers greater than 130 of the world’s market infrastructure organizations in over 50 international locations with end-to-end know-how options.

Leveraging the division’s place on the middle of markets, Market Platforms can be on the forefront of the monetary system’s evolution and can play a vital position in advancing the modernization of markets. Progressive applied sciences, together with cloud and blockchain, current important potential alternatives to additional improve market resiliency and scalability, make markets much more accessible to market contributors, and open doorways to new asset courses.

See also  Cashplus launches business credit card for SMEs

Tal Cohen will lead the division as President of Market Platforms. Cohen presently serves as Government Vice President and Head of North American Markets and is answerable for the corporate’s equities, choices, and surrounding techniques in Nasdaq’s U.S. and Canadian companies.

Capital Entry Platforms

Capital Entry Platforms will mix Nasdaq’s Company Platforms and Funding Intelligence companies. With over 10,000 company purchasers and 5,000 purchasers throughout the funding administration ecosystem, Nasdaq is the world’s main franchise serving the company issuer and funding neighborhood.

From the place on the crossroads of the worldwide capital markets, Capital Entry Platforms is uniquely positioned to behave as a bridge between traders and corporates to assist purchasers navigate the growing complexity of the evolving monetary system. With main core companies in index, information, and listings, Capital Entry Platforms will assist purchasers modernize workflows, navigate the local weather and ESG panorama, and ship much more holistic, actionable insights and intelligence.

Nelson Griggs will lead the division as President of Capital Entry Platforms and can proceed his position as President of the Nasdaq Inventory Change. Griggs presently serves as Government Vice President of Nasdaq’s Company Platforms enterprise and is answerable for listings and company options.

Anti-Monetary Crime

Anti-Monetary Crime will embody Verafin, our fraud detection and anti-money laundering resolution, which serves over 2,200 banks and credit score unions, in addition to Nasdaq’s world-leading market and commerce surveillance merchandise serving over 200 brokerage corporations, regulators, and exchanges. This division will assist defend the integrity of the monetary system and battle monetary crime.

See also  Banks prepare for cyber-battle to promote cybersecurity awareness

Anti-financial crime know-how represents an already giant and fast-growing sector with structural and regulatory tailwinds. Monetary establishments face important challenges in detecting and stopping monetary crime and, due to this fact, are investing important capital and sources in combatting an ever-increasing menace to the integrity of the worldwide monetary system. Nasdaq’s anti-financial crime division will give attention to delivering a world-class platform with holistic options and capabilities to help monetary establishments in preventing monetary crime extra successfully throughout their networks and the broader monetary system.

Jamie King, Government Vice President, will proceed to steer the Anti-Monetary Crime division at Nasdaq.

Timeline

The brand new company construction will take impact by the tip of the Fourth Quarter 2022 with corresponding government appointments taking impact on January 1, 2023. To be taught extra, go to: www.nasdaq.com/speed up.

Nasdaq’s monetary outcomes for the Third Quarter 2022 can be printed in accordance with its present construction, which incorporates current forward-looking administration outlook and different monetary steerage. Coinciding with the publication of Nasdaq’s Third Quarter 2022 outcomes, the corporate additionally plans to offer supplemental data detailing the monetary reporting implications of the brand new company construction. Nasdaq intends to publish its Fourth Quarter and Full Yr 2022 outcomes, in addition to all future reporting, in alignment with the brand new company construction.

At Nasdaq’s 2022 Investor Day on November 8, 2022, the corporate will mirror the brand new company construction in its deliberate presentation of its technique, its companies, and future alternatives. Any updates to the administration outlook and different monetary steerage will embody implications of the modifications to the company construction. Click on right here to register for the Nasdaq 2022 Investor Day.

See also  The Importance Of A Business Network And How To Build A Strong One

Source link

Business divisions Nasdaq seperate splits
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SSD vs. HDD: Which Storage Is Better for Your Business?

January 30, 2025

LG Launches Versatile Business Monitors for Productivity and Comfort

October 21, 2024

Lenovo Unveils the ThinkPad T14s Gen 6 AMD at IFA 2024: A Business Laptop Featuring Next-gen AMD Ryzen AI

September 7, 2024

Three iPhone Apps for Finding the Best Deals on Flights Including Business, First Class, Hotels and More

January 11, 2024
Add A Comment

Comments are closed.

Editors Picks

Realme GT 3 review

April 11, 2023

The new Moto G Stylus adds a 90Hz display, a big battery and not much else

June 25, 2022

The Ugly Lessons of Silicon Valley Bank’s Collapse

March 17, 2023

Itch.io’s Worthy Of Better, Stronger Together bundle aims to raise $150,000 for reproductive rights

July 4, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Oppo Find N5 review: Stellar foldable has one big problem

The Naked Gun review: Charged with man’s laughter

Samsung Galaxy Tab S10 FE+ review: A Galaxy Tab S10+ for less?

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.