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Nasdaq OMX opens new tech development office in Bangalore

27 January 2014  |  1347 views  |  0 Source: Nasdaq OMX

NASDAQ OMX (Nasdaq:NDAQ) has opened a new office in Bangalore which will focus on developing new technologies and innovating current solutions, including the next generation Investor Relations platform.

The opening underscores the expansion of the global exchange company's footprint in India, as it looks to deepen its business relationships and outreach within the Southeast Asia region.

"At NASDAQ OMX, technological innovation is at our core - from creating the first electronic exchange to building secure, SaaS, cloud-based solutions," said Bob Waghorne, Senior Vice President, Global Technology Services, NASDAQ OMX. "Our Bangalore team will collaborate with colleagues across the globe to develop and deliver resilient, powerful solutions that run the marketplaces of the world, and fuel better business decisions by our customers by mastering the flow of information with our technologies."

"Asia is a significant growth market for all of NASDAQ OMX, we're seeing strong demand for our market technology and corporate solutions products, and interest in new listings and our indexes," said Robert Frojd, Regional Manager, Southeast Asia, NASDAQ OMX. "Operating in Bangalore, India's technology capital, is a seamless fit. We're a company focused on delivering best-of-breed solutions to our customers who drive the world's economy. We look forward to the long-term opportunities our presence in Bangalore will provide for us."

NASDAQ OMX's technology solutions are used by over 10,000 customers in 60 countries consisting of public and private entities, exchanges, regulators and broker-dealers, and powers over 80 marketplaces worldwide.

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