Volatile Markets Create Demand for Modernized Platforms and Digital Models for Market Infrastructure Operators, According to Nasdaq and Celent Survey
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Source: GlobeNewswire
NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) -- Today Nasdaq (Nasdaq: NDAQ) and Celent released the results of the CIO Market Infrastructure Survey 2021, commissioned by Nasdaq. The survey is based on interviews with 25 chief information officers and senior technology leaders of market infrastructure operators (MI) worldwide to understand their focus, priorities, and investments around the creation of their future technology platforms. With the COVID-19 pandemic acting as a stress test on capital markets infrastructure – exposing data flow, scaling, and operational challenges – the survey results uncover increasing demand to move to more agile technology, microservices, and data models. “For our survey, we wanted to examine how technology leaders of the world’s markets have navigated rapidly changing technological advancements in the face of modernization challenges,” said Lars Ottersgård, Executive Vice President and Head of Market Technology at Nasdaq. “The capital markets ecosystem
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