valantic FSA announced it has agreed with Nasdaq (Nasdaq: NDAQ) to develop Nasdaq Rates Trader, a new web-based user interface for Nasdaq’s Nordic and Baltic fixed income markets.
The new UI will give access to Nasdaq’s data and trading functionality “with a modern and intuitive front-end and feature advanced data visualization, customizable workspaces.”
Fredrik Ekström, Head of Fixed Income Europe at Nasdaq said:
“We are excited to partner with valantic FSA on our journey to modernize markets and this strategic initiative to enhance the trading experience for our fixed income clients will be an important milestone on the way.”
Andy Browning, Head of Electronic Trading at valantic FSA, commented:
“We are thrilled that Nasdaq has selected valantic FSA to modernize their fixed income trading interface. This partnership underscores the strength of our next-generation electronic workflow solutions and our commitment to delivering differentiated value to the global trading community.”
The new web UI is expected to launch “in February 2025 in beta testing, with go-live planned for October 2025.”
As noted in the update, valantic FSA automates “the trading and transaction workflows at more than 100 firms in the Financial Services industry.”
Their mission is to digitize, augment and “evolve the value streams within their clients.”
This delivers new levels of efficiency, insight, and agility so that their clients “can position themselves for maximum impact today and in the future.”
Their deep industry expertise is used “to assemble these systems from a broad range of proven components and next generation technologies.”
As mentioned in the announcement, Nasdaq is “a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system.”
They aspire to deliver world-leading platforms “that improve the liquidity, transparency, and integrity of the global economy.”
Their diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients “to optimize and execute their business vision with confidence.”
