Nasdaq Officially Acquires Adenza Software Company Worth IDR 156 Trillion

JAKARTA - Nasdaq, a technology company serving the global financial system, announced it had signed an agreement to acquire Adenza, an important software and risk management provider for the financial services industry, from Thoma Bravo of US$10.5 billion (Rp156 trillion) in cash and common shares.

In an official broadcast on the Adenza website, the company said that the acquisition is expected to accelerate Nasdaq's strategic vision to become a trusted world financial system order.

Added Adenza to Nasdaq's trusted brand and mission-critical solution platform complements Nasdaq's Marketplace and Anti-Criminal Technology solutions and significantly increases Nasdaq's offerings in a wider spectrum of regulatory technology, compliance, and risk management solutions.

Today, @Nasdaq announces an agreement to acquire@Adenza_group, a provider of mission-critical risk management and regulatory software to the financial services industry, from @ThomaBravo. The acquisition accelerates Nasdaq’s strategic vision to become the trusted fabric of… pic.twitter.com/rs8XbuPW2t

— Nasdaq (@Nasdaq) June 12, 2023

Today, @Nasdaq announces an agreement to acquisition@Adenza_group, a provider of mission-critical risk management and regulatory software to the financial services industry, from @ThomaBravo. The acquisition accesses Nasdaqs strategic vision to become the trusted fabrik of... pic.twitter.com/rs8XbuPW2t

With Adenza, Nasdaq will also be able to provide comprehensive support to financial institutions, build multi-asset classes, a trading lifecycle platform full of unrivaled regulatory technology solutions.

"This is an extraordinary opportunity to acquire a leading software company that enhances Nasdaq's position at the heart of the global financial system. Adenza's acquisition brings together two world-class franchises that are exploring market infrastructure, regulations and risk management expertise as financial institutions navigate some of the most complex market dynamics in history," said Adena Friedman, Chair and Chief Executive Officer, Nasdaq.

Furthermore, Tal Cohen, President of the Market Platform, Nasdaq also added that joining Adenza could accelerate Nasdaq's ambition to modernize and advance the world economy.

"With Adenza, we will have a more complete suite of important software and technology solutions that make risk management and compliance with regulations simpler and more efficient for our clients," Cohen said.

"Together with Nasdaq, we will be in a stronger position to take advantage of growing market opportunities and provide customers with wider solutions to solve their most complex problems," concluded Didier Bouillard, Chief Executive Officer, Adenza.