The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of data, technology, and market infrastructure, announced NYSE LaunchPad.
This program is designed to help today’s entrepreneurs “leverage enterprise technology expertise through a secure, cloud-based platform.”
As part of the next chapter in how the NYSE and ICE “help new and established companies thrive in continuously evolving market conditions, NYSE LaunchPad leverages the vast technical expertise that exists across ICE’s businesses.”
The program, which provides startup companies “with the ability to evaluate, test, and receive actionable insights about their products, also allows them to leverage the NYSE’s unique visibility platform to share their innovations with a broad global audience.”
Lynn Martin, President, NYSE Group, said:
“Throughout its history, and never more true than today, NYSE has had a front row seat to, and a leading role in, the implementation of cutting-edge technology. NYSE LaunchPad provides startups with a unique opportunity to tap into our vast expertise, using a secure, cloud-based platform to leverage the best in enterprise-level technology.”
Participants in NYSE LaunchPad will have access to testing and evaluation using real-world use cases, access to invaluable feedback from today’s leading innovators and technology professionals, and participation in the annual Tech Summit conference held at NYSE.
As noted in the update, NYSE Group is “a subsidiary of Intercontinental Exchange, a global provider of data, technology and market infrastructure.”
NYSE Group’s equity exchanges — “the New York Stock Exchange, NYSE American, NYSE Arca, NYSE Chicago and NYSE National — trade more U.S. equity volume than any other exchange group. The NYSE, an ICE exchange, is the premier global venue for capital raising. NYSE Arca Options and NYSE Amex Options are leading equity options exchanges.”
As mentioned in the announcement, Intercontinental Exchange, Inc. is a Fortune 500 company that designs, builds and operates digital networks “to connect people to opportunity.”
They provide financial technology and data services “across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies.”
They operate exchanges, including “the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes.”
Their comprehensive fixed income data services and execution capabilities “provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently.”
At ICE Mortgage Technology, they are “transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration.”