DGAP-News: Kindling to Leverage NASDAQ OMX FinQloud for Enhanced Features and Data Storage
(firmenpresse) - The NASDAQ OMX Group, Inc.
11.11.2013 14:39
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Platform for Idea Collaboration is Newest Contributing Member to the Financial
Services Cloud Ecosystem
NEW YORK, 2013-11-11 14:39 CET (GLOBE NEWSWIRE) --
Kindling, a cloud-based platform that powers innovation programs by utilizing
social and collaboration technology, announced today that the company will use
NASDAQ OMX FinQloud, a cloud computing platform designed exclusively for the
financial services sector and powered by Amazon Web Services (AWS).
The FinQloud platform allows Kindling to process and store data for some of the
largest financial institutions around the world. Kindling's utilization of the
highly scalable FinQloud platform will build on their current Amazon Web
Services (AWS) infrastructure. By operating within FinQloud, Kindling's
financial services customers will be able to engage and collaborate on
transformational ideas, organize customized workflows that drive sustained
innovation, prioritize initiatives and allocation of resources, and utilize
analytics for reporting.
'The financial services industry is undergoing a tremendous amount of change.
The need for innovation isn't a nice-to-have, it's a must, and it requires an
organization-wide commitment,' said Steve Finnern, Chief Revenue Officer of
Kindling. 'We believe our partnership with FinQloud will address many
top-of-mind challenges for our financial services customers, including
uncovering new ways of differentiation, helping to gain market traction, and
finding new efficiencies; all the while continuing to protect sensitive
customer and employee information.'
By leveraging FinQloud, Kindling is able to scale to meet the demands of large
financial services companies, and deliver enhanced features and business
partnerships within the FinQloud ecosystem. As a service operated within
FinQloud, Kindling will be able to provide the R3 solution to financial
services firms to meet increased regulatory requirements.
'FinQloud provides Kindling with the cloud-based technology necessary to host
discussions which generate ideas, solve problems and identify opportunities
within the financial services community,' said Julia Sears, Associate Vice
President of FinQloud at NASDAQ OMX. 'We are pleased to welcome Kindling and
look forward to supporting their efforts to foster innovation within FinQloud.'
About Kindling:
Based in New York City, Kindling is a smarter social innovation platform which
ignites creativity across disciplines and departments within an organization.
Kindling leverages your organization's creative potential into a community of
innovators. Kindling's clients span the globe and range from early stage
startups to multinational corporations.
Ideas are everywhere -- uncover, share, discuss, evaluate and realize your ideas.
About FinQloud:
NASDAQ OMX FinQloud, powered by Amazon Web Services, is a cloud computing
platform designed exclusively for the financial services sector. FinQloud
offers a suite of storage and compute services, including R3 which combines AWS
cloud computing expertise with enhanced security from NASDAQ OMX to provide
cost-effective and efficient management, storage and processing of financial
data. FinQloud helps firms significantly reduce the operational costs and
complexities associated with data and infrastructure management - enabling more
effective deployment of scarce resources.
A product of NASDAQ OMX's unique financial technology domain expertise and
Amazon's flexible and cost-effective cloud infrastructure, R3 enables financial
market participants to benefit from the economic and performance advantages of
cloud computing, in a manner designed to help firms comply with regulatory
requirements. Flexible, reliable and highly scalable, FinQloud is fully-managed
and designed to immediately help firms reduce their technology burden, and
refocus resources on revenue driving activities, even as data volumes and
regulatory initiatives continually rise. To learn more visit
www.nasdaqomx.com/FinQloud or contact FinQloud(at)nasdaqomx.com
About NASDAQ OMX:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels
economies and provides transformative technologies for the entire lifecycle of
a trade - from risk management to trade to surveillance to clearing. In the
U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to process more
than 1 million messages per second at sub-40 microsecond speeds with 99.99%
uptime, our technology drives more than 70 marketplaces in 50 developed and
emerging countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to approximately 3,400 listed
companies worth $6 trillion in market cap whose innovations shape our world, we
give the ideas of tomorrow access to capital today. Welcome to where the world
takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn
more, visit nasdaqomx.com. Follow us on Facebook
(http://www.facebook.com/NASDAQ) and Twitter
(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
FinQloud and NASDAQ OMX's other products and offerings. We caution that these
statements are not guarantees of future performance. Actual results may differ
materially from those expressed or implied in the forward-looking statements.
Forward-looking statements involve a number of risks, uncertainties or other
factors beyond NASDAQ OMX's control. These factors include, but are not limited
to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic
reports filed with the U.S. Securities and Exchange Commission. We undertake no
obligation to release any revisions to any forward-looking statements.
NDAQG
CONTACT: Kindling Media Contact:
Nicole Silver
+1 (877) 568-8355
press(at)kindlingapp.com
NASDAQ OMX Media Contact:
Robert Madden
+1 (646) 441-5045 (office)
+1 (347) 740-0191 (mobile)
Robert.Madden(at)NASDAQOMX.com
News Source: NASDAQ OMX
11.11.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: The NASDAQ OMX Group, Inc.
United States
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ISIN: US6311031081
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Datum: 11.11.2013 - 14:39 Uhr
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