Nasdaq, Inc. is a global technology company that serves corporate clients, investment managers, banks, brokers, and exchange operators. The company provides platforms that improve the liquidity, transparency, and integrity of the global economy. Nasdaq's offerings include data, analytics, software, exchange capabilities, and client-centric services. The company operates in three segments: Capital Access Platforms, Financial Technology, and Market Services.

• Employees: 8,525 (as of December 31, 2023)
• Geographic Footprint: North America, Europe, Asia, Middle East, Latin America, and Africa
• Headquarters: New York, New York
• Founded: 1971
• Number of locations/facilities: Multiple leased facilities worldwide
• Revenue: $3.9 billion (FY2023)
• Key Subsidiaries/Brands: Nasdaq, Nasdaq Nordic, Nasdaq Baltic, Verafin, AxiomSL, Calypso

• CEO: Adena T. Friedman
• CFO: Sarah Youngwood
• Board Chair: Adena T. Friedman

• Annual Revenue: $3.9 billion (FY2023)
• Net Income: $1.1 billion
• Total Assets: $32.3 billion
• Employees: 8,525 (as of December 31, 2023)
• Key Financial Highlights: Revenue increased by 8.7% year-over-year. Net income decreased by 5.9% year-over-year.

Nasdaq provides a range of products and services across three segments:

• Capital Access Platforms: Data & Listing Services, Index, and Workflow & Insights.
• Financial Technology: Financial Crime Management Technology, Regulatory Technology, and Capital Markets Technology.
• Market Services: Equity derivative trading and clearing, cash equity trading, fixed income, currency, and commodities trading.

• Capital Access Platforms: Delivers liquidity, transparency, and integrity to the corporate issuer and investment community.
• Financial Technology: Delivers platforms that improve the liquidity, transparency, and integrity of the global economy.
• Market Services: Includes equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading.

Nasdaq's strategy focuses on maximizing resources allocated to growth opportunities, including anti-financial crime and compliance solutions, marketplace technology, workflow for investment managers and asset owners, and insight solutions. The company aims to modernize markets using new technologies and to deliver more for clients and increase growth across liquidity, transparency and integrity.

• Key strategic initiatives: Leveraging technology, proprietary data, analytics and capital markets expertise, expanding SaaS offerings, and focusing on AI.
• Growth drivers: Acquisitions, expansion into new asset classes, and modernization of markets.
• Investment priorities: Technology, proprietary data, and strategic acquisitions.

Nasdaq operates in the financial technology and capital markets industry.

• Market Position: A leading global technology company with expertise in markets and financial technology.
• Key Competitors: ICE, Cboe, TSX, Morningstar, FactSet, Addepar, Caissa, and various core banking solution providers.
• Industry Trends: Rapid technological advancements, increasing regulatory oversight, and growing demand for data and analytics.

• Market Risks: Economic conditions, market volatility, and changes in investment patterns.
• Operational Risks: System failures, cybersecurity threats, and integration challenges from acquisitions.
• Financial Risks: Credit risk from counterparties, interest rate fluctuations, and potential impairments of assets.
• Regulatory Risks: Changes in regulations, enforcement actions, and compliance costs.