Today, Nasdaq announced it has agreed to acquire Verafin, a pioneer in cloud-based anti-financial crime management solutions.
Verafin provides more than 2,000 financial institutions in North America with a unique SaaS-based platform to help detect, investigate, and report money laundering and financial fraud.
Nasdaq’s acquisition of Verafin further reinforces our position as a leading market technology and data analytics provider, advances our evolution to a SaaS-driven company, and strengthens the growth and margin profile of our Market Technology business.
Most importantly, it furthers our mission of promoting inclusive growth and prosperity by ensuring fairness and integrity throughout the financial ecosystem.
Financial crime is a significant – and growing – global issue that demands courageous action. This bold step of acquiring Verafin empowers Nasdaq to play an increasingly important role in building stronger economies around the world.
Together with Verafin’s founders and employees, we look forward to expanding on Nasdaq’s anti-financial crime management ambitions.
I am excited about the possibilities this transaction represents for Nasdaq and I encourage you all to read more about today's news: https://lnkd.in/gUhiiTS