Nasdaq Secures Deal With AuRep To Modernize Austria's Regulatory Reporting, Powering Cloud Transformation For 90% Of Credit Institutions

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Nasdaq, Inc.

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The agreement will see around 90% of Austrian credit institutions move their regulatory reporting infrastructure to the cloud, upgrading their legacy on-premises solution to Nasdaq AxiomSL. It reflects the growing demand for regulatory technology solutions that simplify banks' underlying architecture to more flexibly meet future requirements.

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