Nasdaq AxiomSL Expands RegTech Deployment with Revolut, Accelerating Global Growth

Rhea-AI Summary

Nasdaq (NDAQ) on Nov. 26, 2025 announced an expanded RegTech partnership with fintech Revolut to deploy Nasdaq AxiomSL, an integrated regulatory reporting and risk platform.

Revolut consolidated the majority of its regulatory reporting across Europe, including the UK, and will use the cloud-based managed service to centralize data, streamline multi-jurisdictional reporting, and scale compliance for global expansion. Nasdaq said AxiomSL is used by 90% of G-SIBs, >3,800 clients, 35 central banks/regulators and 135 market infrastructure providers.

News Market Reaction

+0.94%

1 alert

+0.94% News Effect

On the day this news was published, NDAQ gained 0.94%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

G-SIB adoption: 90% Market infrastructure clients: 135+ Central bank clients: 35 +1 more

4 metrics

G-SIB adoption 90% Share of global systemically important banks using Nasdaq AxiomSL

Market infrastructure clients 135+ Market infrastructure providers using Nasdaq technology

Central bank clients 35 Central banks and regulatory authorities using Nasdaq technology

Financial services clients 3,800+ Financial services industry clients using Nasdaq technology

Market Reality Check

Price: $96.89 Vol: Volume 5,495,971 is 1.83x...

high vol

$96.89 Last Close

Volume Volume 5,495,971 is 1.83x the 20-day average of 2,996,323 shares. high

Technical Price $93.85 is trading above the 200-day MA $85.62 and 3.87% below the 52-week high $97.63.

Peers on Argus

Peers in financial data and exchanges also showed gains, with MSCI +1.95%, CME +...

Peers in financial data and exchanges also showed gains, with MSCI +1.95%, CME +1.89%, ICE +1.21%, COIN +0.79%, and MCO +0.62%, while NDAQ was up 1.32%, suggesting a broadly positive backdrop but not a scanner-flagged sector momentum move.

Historical Context

5 past events · Latest: Dec 09 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 09	Short interest update	Neutral	+1.3%	Reported Nasdaq-wide short interest and days-to-cover statistics for late November.
Dec 09	New listing move	Positive	+1.0%	Walmart began trading on Nasdaq after transferring its stock and bonds.
Dec 03	Volume statistics	Neutral	+2.2%	Published November 2025 trading volume data on investor relations site.
Dec 03	Investor conference	Neutral	+2.2%	Announced upcoming presentation at a major financial services conference.
Dec 02	Regulatory halt	Neutral	-0.9%	Announced trading halt in MaxsMaking Inc. pending additional information.

Pattern Detected

Recent Nasdaq headlines, including trading volume reports, conference participation, and listing or halt notices, have generally coincided with modest single‑digit percentage moves, more often positive than negative.

Recent Company History

Over the last several weeks, Nasdaq has issued a series of operational and informational updates, including November 2025 volume statistics, short interest data as of November 28, 2025, and a trading halt in MaxsMaking Inc. It also highlighted Walmart’s transfer of its listing to Nasdaq and an upcoming presentation at a major financial services conference. These events framed Nasdaq as both an infrastructure provider and listing venue, while the new Revolut RegTech partnership further emphasizes its technology and regulatory solutions franchise.

Market Pulse Summary

This announcement detailed an expanded Nasdaq AxiomSL deployment with Revolut, emphasizing a cloud-b...

Analysis

This announcement detailed an expanded Nasdaq AxiomSL deployment with Revolut, emphasizing a cloud-based managed service for regulatory reporting used by 90% of G-SIBs and thousands of clients. It fits with recent updates that showcased Nasdaq’s role as both exchange operator and technology provider. Investors may track future client wins, platform usage across jurisdictions, and how this RegTech franchise complements financial results and regulatory disclosures over time.

Key Terms

RegTech, regulatory reporting, global systemically important banks (G-SIBs), managed service

4 terms

RegTech financial

"Nasdaq AxiomSL Expands RegTech Deployment with Revolut, Accelerating Global Growth"

Regtech is software and digital tools that help companies follow laws and reporting rules automatically, by monitoring transactions, flagging risks, and generating required reports. For investors, regtech matters because it reduces the chance of costly fines or business disruptions, lowers compliance costs, and can speed operations—think of it as a smart navigation and alert system that keeps a company on the legal road so capital and management focus on growth rather than paperwork.

regulatory reporting regulatory

"deployment of Nasdaq AxiomSL, a regulatory reporting and risk platform used by 90% of"

Regulatory reporting is the regular submission of financial, operational and compliance information that companies must provide to government agencies and industry regulators. It matters to investors because these filings act like a company’s inspection and service records—revealing financial health, legal risks and accuracy of management’s claims—so late, missing or troubling reports can signal problems, trigger fines, or change a company’s value.

global systemically important banks (G-SIBs) regulatory

"platform used by 90% of global systemically important banks (G-SIBs) to comply with"

Global systemically important banks (G-SIBs) are the largest, most interconnected banks whose failure could disrupt the worldwide financial system, like a city’s main power plant whose outage would affect many neighborhoods. Regulators subject these banks to tougher rules, higher capital and liquidity requirements, and strict planning for orderly failure, which matters to investors because it can reduce default risk but also raise operating costs and affect profitability and share value.

managed service technical

"The platform works as a ready-to-use managed service that runs in the cloud."

A managed service is an ongoing contract where a company hires an outside provider to run and maintain a specific function—like IT systems, cybersecurity, cloud hosting, or payroll—so the company doesn’t handle day‑to‑day operations. For investors it signals steady, recurring revenue and potentially higher customer retention and predictable costs, much like paying a regular building caretaker instead of hiring and managing separate contractors each time a task arises.

AI-generated analysis. Not financial advice.

Integrated regulatory reporting and risk platform to support Revolut’s expanding global footprint

LONDON and NEW YORK, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Nasdaq today announced a significant expansion of its strategic regulatory technology partnership with global fintech Revolut. The partnership centers on the deployment of Nasdaq AxiomSL, a regulatory reporting and risk platform used by 90% of global systemically important banks (G-SIBs) to comply with domestic and international regulatory obligations.

Revolut has consolidated the majority of its regulatory reporting infrastructure across Europe, having most recently integrated all workflows in the United Kingdom. The growing partnership will see Nasdaq support Revolut’s global expansion helping to ensure rapid and scalable compliance with new requirements.

“As we expand our global footprint, we are committed to ensuring our underlying infrastructure scales with us and strengthens our ability to operate. Our partnership with Nasdaq offers the flexibility, transparency and control to meet regulatory expectations across jurisdictions - without slowing down innovation and growth,” commented Murray Laister, Head of Group Regulatory Reporting at Revolut.

“Revolut is at the forefront of digital banking transformation, and we’re excited to support their journey,” said Ed Probst, Head of Regulatory Technology at Nasdaq. “Our partnership reflects a shared commitment to responsible innovation and scalable compliance. By deploying Nasdaq AxiomSL, Revolut is building a future-ready infrastructure that adapts to regulatory evolution.”

Revolut has embedded Nasdaq AxiomSL to streamline reporting across multiple jurisdictions, reducing the complexity of maintaining separate reporting frameworks for each country. All relevant data points are brought together across Revolut into a centralized platform, helping to enable the integrity of underlying data and provide flexibility for future reporting requirements.

The platform works as a ready-to-use managed service that runs in the cloud. Working in partnership, Nasdaq's team of experts manage and maintain the underlying infrastructure, from keeping up with changing regulations across different countries to ensuring the system runs smoothly day-to-day. This approach means companies can focus on their core business while staying compliant with global rules as the platform automatically incorporates regulatory changes and provides ongoing support.

Nasdaq’s technology is used by over 135 market infrastructure providers around the world, 35 central banks and regulatory authorities, and 3,800+ clients across the financial services industry. As a scaled platform partner, Nasdaq draws on deep industry experience, technology expertise, and cloud managed service experience to help financial services companies solve their toughest operational challenges while advancing industry-wide modernization.

Notes to editors

About Revolut

Revolut is a global fintech, helping people get more from their money. In 2015, Revolut launched in the UK offering money transfer and exchange. Today, more than 65 million customers around the world use dozens of Revolut’s innovative products to make more than a billion transactions a month.

Across our personal and business accounts, we give customers more control over their finances and connect people seamlessly across the world.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading 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. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

Media Contacts:

media@revolut.com

Andrew Hughes; +44 (0)7443 100896; Andrew.Hughes@nasdaq.com

-NDAQG-

Cautionary Note Regarding Forward-Looking Statements:

Information set forth in this press release contains “forward-looking statements” that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “enables” and "can" and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the availability, features, benefits and capabilities of Nasdaq AxiomSL. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These risks and uncertainties are detailed in Nasdaq's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq's investor relations website at http://ir.nasdaq.com and the SEC's website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

FAQ

What did Nasdaq (NDAQ) announce about Revolut on Nov. 26, 2025?

Nasdaq announced an expanded deployment of AxiomSL to support Revolut’s centralized, cloud-based regulatory reporting and global expansion.

How will Nasdaq AxiomSL affect Revolut’s regulatory reporting in 2025?

Revolut will centralize reporting workflows across jurisdictions, aiming to reduce complexity and improve data integrity via a cloud managed service.

Does the Nasdaq (NDAQ) announcement state where AxiomSL will run for Revolut?

Yes. The platform is described as a ready-to-use managed service that runs in the cloud with Nasdaq managing the infrastructure.

What scale credentials does Nasdaq cite for AxiomSL in the Nov. 26, 2025 release?

Nasdaq cites AxiomSL use by 90% of G-SIBs, over 3,800 clients, 35 central banks/regulators, and 135 market infrastructure providers.

Will the Nasdaq-Revolut partnership change Revolut’s ability to expand internationally?

Nasdaq says the deployment is intended to help Revolut scale compliance rapidly and support its global expansion across new jurisdictions.

Who will manage regulatory updates and day-to-day operations for Revolut’s AxiomSL deployment?

Nasdaq’s team will manage and maintain the underlying infrastructure, including incorporating regulatory changes and day-to-day system operations.