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Nasdaq Technographics
Nasdaq Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Nasdaq and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 9162 Nasdaq employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Nasdaq has purchased the following applications: Workday Financial Management for ERP Financial in 2021, Workday Absence Management for Absence and Leave Management in 2017, Accruent EMS for Facility Management in 2015 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Nasdaq is running and its propensity to invest more and deepen its relationship with Workday , SAP , Stripe or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Nasdaq revenues, which have grown to $4.65 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Nasdaq intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Nasdaq Tech Stack and Enterprise Applications
Nasdaq ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Workday | Legacy | Workday Financial Management | ERP Financial | ERP | Kainos | 2021 | 2022 |
In 2021, Nasdaq implemented Workday Financial Management as its ERP Financial platform, using Workday Extend and Workday Orchestrate to centralize financial master data and operational workflows. Kainos served as the implementation partner for the rollout, which targeted finance first while enabling parallel app development for IT and human resources teams.
The implementation produced seven bespoke Workday Extend applications within nine months, focused on cost center and account operations and a master data management construct. Key functional capabilities include a Cost Center app for managing operational data, request flows for Create New Request, Requesting an Organizational Move, Move Organization Level Request, Change Properties for a Cost Center, and Changing the Approver for Mass Changes, with drop-down driven UIs to reduce user error.
Workday Orchestrate was used to model and automate complex workflows, enabling interoperability between Workday and Nasdaq external systems that act as master data repositories. Workday Financial Management becomes the centralized single source of truth and uses the same Workday login and security controls for the newly developed apps, maintaining unified authentication and access management across finance and HCM scopes.
Governance was formalized through structured approval processes and full audit trails for metadata requests and data changes, capturing who requested changes, what was requested, when requests were made, and who approved them. Those audit capabilities were explicitly used to simplify evidence collection for Sarbanes Oxley requirements and to enforce standardized business processes across impacted finance functions.
Nasdaq reported increased automation and higher user productivity from the consolidated Workday experience, and it cited significant cost savings and reduced infrastructure cost as outcomes of centralizing these finance workflows inside Workday Financial Management. The company plans further extension of Workday Extend into additional HCM and microservice use cases to continue standardizing and automating cross-functional processes.
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Expense Management | ERP |
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2012 | 2012 |
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Payment Processing | ERP |
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2020 | 2020 |
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Nasdaq HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Workday | Legacy | Workday Absence Management | Absence and Leave Management | HCM | Kainos | 2017 | 2018 |
In 2017 Nasdaq implemented Workday Absence Management as part of a broader Workday HCM deployment. The Workday Absence Management deployment is classified under the Absence and Leave Management category and was delivered alongside Core HCM, Compensation, Time Tracking, Recruitment, Talent and Performance modules and enterprise reporting.
Configuration work focused on absence and leave lifecycle management, including Vacation, statutory leaves and other leave of absence types, business process orchestration, notifications and condition rules. The implementation included validation rules, calculated fields and role assignments, creation of security groups and domain and business process level security policies, and application of role based contextual security for personalized access.
Integrations were executed using date level integrations through API, SFTP and browser based field uploads, Workday Studio based transformations and Cloud Connector feeds for third party payrolls. The program included Workday Report Writer and Workday Studio BIRT reporting, development of data transformation pipelines, cross visualization and drill into time dimensions on an in memory high performance analytics engine, and connectors to third party background checking and vendor services.
Delivery and governance included unit testing, integration testing, end to end testing with third party vendors, system integration testing and user acceptance testing, with issues tracked in HP ALM QC and change requests documented under standard change management processes. Kainos served as the systems integrator on the program, and ongoing BAU support covered technical ticket handling, monitoring of business processes and maintenance of custom reports and security configurations.
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Applicant Tracking System | HCM |
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2014 | 2014 |
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Benefits Administration | HCM |
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2017 | 2017 |
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Compensation Management | HCM |
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2017 | 2018 |
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Contingent Labor Management | HCM |
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2021 | 2021 |
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Core HR | HCM |
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2017 | 2018 |
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Employee Engagement | HCM |
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2025 | 2025 |
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Employee Experience | HCM |
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2018 | 2018 |
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Learning and Development | HCM |
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2017 | 2017 |
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Onboarding | HCM |
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2018 | 2018 |
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Payroll Tax Compliance | HCM |
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2017 | 2017 |
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Payroll | HCM |
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2009 | 2018 |
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Payroll | HCM |
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2017 | 2017 |
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Performance and Goal Management | HCM |
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2017 | 2018 |
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Recruiting, Applicant Tracking System | HCM |
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2017 | 2018 |
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Time and Attendance | HCM |
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2017 | 2018 |
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Nasdaq ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Accruent | Legacy | Accruent EMS | Facility Management | ERP Services and Operations | n/a | 2015 | 2015 |
In 2015 Nasdaq implemented Accruent EMS as its Facility Management application to centralize facilities operations and corporate real estate workflows. The engagement is recorded on the EMS Software customer list, indicating Nasdaq’s use of Accruent EMS for enterprise facility oversight.
Accruent EMS was configured to support core Facility Management capabilities typical for large corporate environments, including work order management, preventive maintenance scheduling, asset lifecycle tracking, space and lease management, and facilities reporting. The deployment emphasized configuration of functional modules to standardize maintenance processes, capture asset records, and manage space utilization across Nasdaq’s facilities.
Operationally the implementation framed centralized facilities governance and standardized workflows, using role-based access and process automation to coordinate maintenance requests and routine servicing. Nasdaq Accruent EMS Facility Management supported facilities and real estate teams by consolidating the functional workflows needed to plan, execute, and audit facilities operations.
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Nasdaq AI Development
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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AI Database | AI Development |
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2024 | 2024 |
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Nasdaq AI-Powered Application
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Chatbots and Conversational AI | AI-Powered Application |
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2021 | 2021 |
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Nasdaq Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Analytics and BI | Analytics and BI |
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2011 | 2018 |
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Analytics and BI | Analytics and BI |
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2023 | 2023 |
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Nasdaq Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Blockchain Platform | Blockchain |
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2018 | 2018 |
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Nasdaq Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Audio Video and Web Conferencing | Collaboration |
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2017 | 2017 |
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Collaboration | Collaboration |
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2020 | 2020 |
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Survey and Questionnaire | Collaboration |
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2018 | 2018 |
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Survey and Questionnaire | Collaboration |
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2020 | 2020 |
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Nasdaq Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Digital Signing | Content Management |
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2021 | 2021 |
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Enterprise Content Management | Content Management |
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2020 | 2020 |
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Web Content Management | Content Management |
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2019 | 2019 |
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Web Content Management | Content Management |
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2021 | 2021 |
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Nasdaq CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Account Based Marketing | CRM |
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2019 | 2019 |
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Account Based Marketing | CRM |
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2023 | 2023 |
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Account Based Marketing | CRM |
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2023 | 2023 |
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Customer Experience | CRM |
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2018 | 2018 |
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Customer Experience | CRM |
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2020 | 2020 |
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Data Management Platform | CRM |
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2016 | 2016 |
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Digital Advertising Platform | CRM |
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2013 | 2013 |
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Digital Advertising Platform | CRM |
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2018 | 2018 |
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Marketing Analytics | CRM |
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2011 | 2011 |
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Marketing Analytics | CRM |
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2014 | 2014 |
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Marketing Analytics | CRM |
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2014 | 2014 |
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Marketing Automation | CRM |
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2011 | 2011 |
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Marketing Automation | CRM |
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2014 | 2014 |
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Marketing Automation | CRM |
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2019 | 2019 |
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Marketing Automation | CRM |
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2020 | 2020 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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Sales Automation, Sales Engagement | CRM |
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2014 | 2015 |
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Nasdaq EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Environmental, Social, and Governance (ESG) | EPM |
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2022 | 2022 |
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EPM | EPM |
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2017 | 2017 |
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Financial Consolidation and Close | EPM |
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2013 | 2013 |
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Nasdaq ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Performance Management | ITSM |
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2018 | 2018 |
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Application Performance Management | ITSM |
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2020 | 2020 |
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Incident Management | ITSM |
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2021 | 2021 |
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Nasdaq Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Trading Platform | Investment Management |
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2025 | 2026 |
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Nasdaq TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Governance, Risk and Compliance | TRM |
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2014 | 2014 |
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Governance, Risk and Compliance | TRM |
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2021 | 2021 |
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Treasury Management | TRM |
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2020 | 2020 |
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Nasdaq PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Apps Development | PaaS |
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2019 | 2019 |
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Apps Development | PaaS |
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2016 | 2016 |
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Apps Development | PaaS |
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2018 | 2019 |
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Extract, Transform, and Load (ETL) | PaaS |
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2015 | 2015 |
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Test Automation Platform | PaaS |
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2007 | 2007 |
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Transactional Email | PaaS |
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2018 | 2018 |
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Nasdaq IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2015 | 2015 |
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Application Hosting and Computing Services | IaaS |
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2014 | 2014 |
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Archive as a Service (AaaS) | IaaS |
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2014 | 2014 |
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Backup as a Service (BaaS) | IaaS |
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2015 | 2015 |
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Cloud Storage | IaaS |
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2014 | 2014 |
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Content Delivery Network | IaaS |
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2014 | 2014 |
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Content Delivery Network | IaaS |
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2011 | 2011 |
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Content Delivery Network | IaaS |
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2018 | 2018 |
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Database Management | IaaS |
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2013 | 2013 |
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Database Management | IaaS |
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2011 | 2011 |
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Database Management | IaaS |
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2005 | 2005 |
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Database Management | IaaS |
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2014 | 2014 |
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Network Management and Monitoring | IaaS |
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2014 | 2014 |
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Network Virtualisation | IaaS |
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2021 | 2022 |
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SD-WAN | IaaS |
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2013 | 2014 |
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Servers, Storage and Networking | IaaS |
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2014 | 2014 |
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Nasdaq CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Endpoint Detection and Response (EDR) | CyberSecurity |
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2021 | 2021 |
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Identity and Access Management (IAM) | CyberSecurity |
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2021 | 2021 |
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Next Generation Firewall | CyberSecurity |
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2013 | 2014 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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Web Application Firewalls (WAF) | CyberSecurity |
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2016 | 2016 |
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Nasdaq Internet of Things
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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IoT Platform | Internet of Things |
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2019 | 2019 |
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IT Decision Makers and Key Stakeholders at Nasdaq
Apps Being Evaluated by Nasdaq Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| 2026-03-09 | Nasdaq | Evaluated | FIS Global | FIS VisionIP | Intelligent Document Processing | Content Management |
| 2026-02-06 | Nasdaq | Evaluated | BlackRock | BlackRock Aladdin | Portfolio and Investment Management | Investment Management |
| 2025-11-18 | Nasdaq | Evaluated | Finastra | Finastra Misys FusionCapital Kondor | Treasury Management | TRM |
| 2025-11-18 | Nasdaq | Evaluated |
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Treasury Management | TRM |
| 2025-09-10 | Nasdaq | Evaluated |
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Trading Platform | Investment Management |
| 2025-09-09 | Nasdaq | Evaluated |
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Payment Processing | ERP |
| 2025-09-09 | Nasdaq | Evaluated |
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Payment Processing | ERP |
| 2025-06-12 | Nasdaq | Evaluated |
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Treasury Management | TRM |
| 2024-12-18 | Nasdaq | Evaluated |
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Environmental, Social, and Governance (ESG) | EPM |