Nasdaq and AWS Partner to Move Markets to the Cloud

The Nasdaq stock exchange and Amazon Web Services (AWS) are teaming up on a "blueprint" of solutions that aim to help markets improve liquidity, capital flows, and drive growth, while maintaining performance, security, and resilience.

In a joint statement, the companies said they will provide their "infrastructure, software, data management, and services to enable market operators to overcome modernization barriers cost-effectively without compromising resiliency or control.”

AWS and Nasdaq will bring AWS services, exchange, and trading participant systems to a common location which will give market participants access to AWS cloud infrastructure in close physical proximity. AWS will also provide connectivity between this infrastructure and its global regions via the AWS Direct Connect service and the AWS global network, to provide low-latency, high-bandwidth connectivity.

Nasdaq will bring its marketplace technology platform, Nasdaq Eqlipse, which integrates client community feedback and Nasdaq's development investments. It features cloud-ready applications and globally standardized APIs, and is already used by more than 135 market infrastructure providers.

Leila Fourie, Group CEO of the JSE, said: “This strategic collaboration is an extension of the long-standing relationship the JSE has with Nasdaq. The market infrastructure developed in partnership with Nasdaq and AWS will open the door to greater global market interconnectivity with minimal latency, which will support increased liquidity and capital flows between the US and South African capital markets. We will be setting new standards for the industry through innovation and technology that creates value for market participants."