Nasdaq’s front-to-back-office workflow platform Calypso will become possible for its institution-side users to have deployed on the cloud computing platform of Amazon Web Services (AWS). The move follows a trend of increasingly closer ties between cloud computing providers and financial market infrastructure operators.
Nasdaq describes its Calypso product as “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”. The new deployment option means that financial institutions can access it as “a fully managed service powered by AWS, with the underlying technology managed by Nasdaq”, ensuring that they always work with the latest version.
The offer was presented in a press release last Thursday, referring to it as strategic. For an impression of how the Nasdaq–AWS collaboration has developed, this is our list of articles containing both their names. We have recurringly touched upon the trend towards closer strategic collaborations between cloud vendors and financial market infrastructure incumbents – such as in this session at early September’s PostTrade 360° conference in Stockholm, sharing interior from the collaboration between Deutsche Börse’s CSD arm Clearstream and Google Cloud.
