By Sabela Ojea
Nasdaq Inc. announced on Wednesday that it is reorganizing its global business operations into three units that reflect the group’s key growth areas in a changing global financial system.
The operator of the tech-heavy exchange said it would operate through a market platforms division, a capital access platforms unit and a financial crime prevention division.
The financial services company’s restructuring, which will take effect by the end of the year, is also a result of changing customer needs, the Nasdaq said.
“The value created by our strategy over the past five years has given us the confidence to accelerate our efforts in our key growth areas through this new corporate structure, with our ultimate goal of becoming the trusted fabric of the system. financial,” said the President and CEO. Executive Adena Friedman said.
Nasdaq’s Market Platforms unit will be the central division of the group and will include North American and European market services, as well as market infrastructure technology, carbon markets and digital assets, it said. he declares.
The capital access platforms division will combine Nasdaq’s enterprise platforms and investment intelligence businesses, the company said.
The group’s Financial Crimes Unit, meanwhile, will provide a platform to support not just financial institutions, but the broader financial system, the Nasdaq said.
Write to Sabela Ojea at [email protected]; @sabelaojeaguix