Nasdaq Completes Sale of BWise® to SAI Global
NEW YORK, April 01, 2019 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) today announced the successful completion of the sale of its BWise® enterprise governance, risk and compliance software platform to SAI Global, a recognized leader of integrated risk management solutions.
As previously announced, this transaction is a result of Nasdaq’s renewed corporate strategy to maximize the company’s technology and analytics capabilities, while also investing to enhance its leading marketplaces and the capital market clients it serves. Terms of the deal were not disclosed.
Nasdaq remains dedicated to providing corporate clients with successful access to the capital markets, accompanied by strategic C-Suite and board solutions that provide investor relations intelligence and governance insights and collaboration.
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 100 marketplaces in 50 countries. Nasdaq is home to approximately 4,000 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com.
This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to the sale by Nasdaq of BWise, the benefits of the transaction and Nasdaq’s 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’s control. These factors include, but are not limited to factors detailed in Nasdaq’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.
Nasdaq Media Relations Contact:
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Nasdaq Investor Relations Contact:
Ed Ditmire, CFA
+1 (212) 401-8737