With most successful tech endeavors, there is a journey that involves testing, optimizing, pivoting,
With most successful tech endeavors, there is a journey that involves testing, optimizing, pivoting, and transforming to reach the destination. In the case of delivering data in the Cloud, Nasdaq Global Information Services used Amazon Web Services (AWS) to help navigate the course.
In 2008, AWS helped fuel the launch of Nasdaq Market Replay – an innovative, cloud-based interface that allows a deep-dive into replays of the market, down to the millisecond. This was especially useful during the coming-of-age of social media as an influence on investors. The industry now had a way to see the immediate impact of the influence of social posts or important news on a stock price and the subsequent events.
We then launched Nasdaq Data-on-Demand, providing access to historical Level 1 data stored in the cloud. Most recently, AWS provided the foundation for the launch of the highly anticipated Nasdaq Cloud Data Service (NCDS), enabling us to deliver real-time access to important data feeds.