https://www.fintechfutures.com/wp-content/themes/fintech_child/assets/images/logo/fintech-logo-2.png
  • Home
  • News
  • Intelligence
    • Back
    • Features & Analysis
    • Interviews
    • Reports & Surveys
    • White Papers
    • Case Studies
    • Webinars
    • Podcasts
    • Videos
    • Library
    • Techwire
    • Browse
  • Publications
    • Back
    • Banking Technology Magazine
    • Supplements
    • Daily News at Sibos
    • Subscribe to Magazine
  • Content Hub
    • Back
    • COVID-19: Industry Impact & Response
    • Diversity & Inclusion
    • Food for Thought
    • I’m Just Saying
    • The Heart of the Matter
    • Fintech Agony Uncle
    • It’s a Matter of Comms
    • Challenger Banks Guide
  • Videos
  • WTF? Podcast
  • Awards & Events
    • Back
    • Banking Tech Awards
    • Banking Tech Awards USA
    • PayTech Awards
    • FinTech Futures Edge: PayTech
    • All Events
  • Advertise
  • Jobs
  • More
    • Back
    • About us
    • Contact us
    • Advertising / Media Kit
    • Banking Technology Magazine Calendar
    • Reports Calendar
    • FinTech Futures Newsletter
  • FinTech
  • BankingTech
  • PayTech
  • RegTech
  • WealthTech
  • LendTech
  • InsurTech
  • US Edition
    • Intl. Edition
Banking Technology
  • NEWSLETTER
  • Home
  • News
  • Intelligence
    • Back
    • Features & Analysis
    • Interviews
    • Reports & Surveys
    • White Papers
    • Case Studies
    • Webinars
    • Podcasts
    • Videos
    • Library
    • Techwire
    • Browse
  • Publications
    • Back
    • Banking Technology Magazine
    • Supplements
    • Daily News at Sibos
    • Subscribe to Magazine
  • Content Hub
    • Back
    • COVID-19: Industry Impact & Response
    • Diversity & Inclusion
    • Food for Thought
    • I’m Just Saying
    • The Heart of the Matter
    • Fintech Agony Uncle
    • It’s a Matter of Comms
    • Challenger Banks Guide
  • Videos
  • WTF? Podcast
  • Awards & Events
    • Back
    • Banking Tech Awards
    • Banking Tech Awards USA
    • PayTech Awards
    • FinTech Futures Edge: PayTech
    • All Events
  • Advertise
  • Jobs
  • More
    • Back
    • About us
    • Contact us
    • Advertising / Media Kit
    • Banking Technology Magazine Calendar
    • Reports Calendar
    • FinTech Futures Newsletter
  • Search
  • US Edition
    • Intl. Edition
  • newsletter
  • FinTech
  • BankingTech
  • PayTech
  • RegTech
  • WealthTech
  • LendTech
  • InsurTech
fintechfutures.com


Nasdaq FinQloud financial cloud expands with Jordan & Jordan

  • Written by FinTech Futures
  • 31st July 2013
Jordan & Jordan will use Nasdaq FinQloud to host its execution compliance and surveillance service

Jordan & Jordan will use Nasdaq FinQloud to host its execution compliance and surveillance service

US consulting, market data and technology firm Jordan & Jordan has chosen to launch its execution compliance and surveillance service on Nasdaq OMX FinQloud, the cloud computing platform built for financial services and powered by Amazon Web Services.

Launched in September 2012, Nasdaq OMX FinQloud was designed to allow users to store their financial data cheaply and securely, so that they can meet regulatory requirements more easily. Nasdaq OMX’s solution consists of two parts: Regulatory Records Retention, also known as R3, and Self Service Reporting.

R3 is a storage and retrieval tool designed to help broker-dealers meet US Securities and Exchange Commission rule 17A-4, which requires broker dealers to preserve electronic records in a non-erasable format for a minimum period, between eight months and six years depending on the record. SSR is built to help broker-dealers to carry out analysis and reporting on their stored trade data. The cloud solution includes infrastructure data management, virtualisation and hosting, and accepts data from Nasdaq OMX as well as other sources.

New York-based Jordan & Jordan is a consulting, market data and technology company. Moving its execution compliance and surveillance service to Nasdaq FinQloud is intended to give the firm the chance to expand its analysis capabilities and scale data storage more economically. FinQloud will host the Jordan & Jordan service as it manages trade and quote data, provides storage and retrieval of reports and records and allows access for inquiries and auditing. Jordan & Jordan has said that it expects to significantly reduce its costs through using the platform. Customers of the service will be able to analyse their stored trade data without maintenance costs associated with daily data transfers.

“Compliance needs are increasing as is the use of cloud services, and this is an exciting match of needs and solutions,” said Tom Jordan, chief executive at Jordan & Jordan. “We believe this relationship with FinQloud will allow J&J and our clients to reach new levels of reliability, redundancy and scalability while continuing to demonstrate our commitment to ensure regulatory compliance. In addition, the FinQloud ecosystem provides new opportunities for J&J to enhance the range of services offered to ECS customers and enables easy access to our services for other FinQloud customers.”

Jordan & Jordan is one of 19 customer firms currently using Nasdaq FinQloud. The previous addition to the service was broker Tradier, which joined in June with the aim of building a ‘cloud brokerage in a box’ service for clients.

Tags: Cloud, Stock Exchange, Trading Technology FinQloud, Jordan & Jordan News USA

READ NEXT


  • Clear Street
    Capital markets fintech Clear Street lands $165m in Series B funding
  • NCR
    Allegacy FCU taps enterprise tech provider NCR for data analytics solution
  • FinTech Futures Jobs: Your fintech job might change in the future
  • UK challenger Atom hires Andy Sturrock as CTO

Leave a comment Cancel reply

-or-

Log in with your FinTech Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Fintech Jobs


Related Content

  • How technology enables the next generation of banking inclusivity
  • Weightless – how cloud lightens the heavy lifting for financial institutions
  • PayCargo Logo
    PayCargo lands $125m in Series B investment from Insight Partners
  • White paper: Cloud momentum is building in retail banking

Top stories

The hottest news this week

Click here to read

Magazine

Banking Technology Magazine May 2022 issue out now

2nd May 2022
view all

Webinars

Webinar: How to keep up with the card payments industry upstarts and capitalise on the opportunities

27th May 2022

Webinar: What are the top trends and technologies transforming financial services?

26th April 2022

Webinar: How to drive up digital completion rates with hybrid banking

1st April 2022
view all

Fintech Jobs

Reports & Surveys

Report: Northern Ireland fintech – leaders in ESG

17th May 2022

FinTech Futures Industry Survey & Report 2022

6th May 2022

Report: Digital transformation and trends in financial services

6th May 2022
view all

Podcast

What the FinTech? | S.3 Episode 7 | The future of digital payments

12th May 2022

What the FinTech? | S.3 Episode 6 | Passwordless is more

28th April 2022

What the FinTech? | S.3 Episode 5 | AI in financial services

14th April 2022
view all

Videos

Video: Wells Fargo at Finovate Spring 2022 – How to achieve digital acceleration

26th May 2022

Video: Greg Palmer at Finovate Europe 2022 – The future of fintech

22nd April 2022

Video: JP Morgan at Finovate Europe 2022 – fostering innovation in payments

21st April 2022
view all

White Papers

White paper: Digital lending – how technology transforms banks

17th May 2022

White paper: How to select a digital lending solution – the ultimate guide

17th May 2022

Report: Northern Ireland fintech – leaders in ESG

17th May 2022
view all

Events

PayTech Awards 2022

Find out more

Banking Tech Awards USA 2022

Find out more

Content Hubs

Sibos 2021 Content Hub

1st September 2021

The heart of the matter: a customer-centric look at fintech

4th August 2021

Diversity & Inclusion Hub

9th April 2021
view all

Media Packs

FinTech Futures Media Pack

Download

FinTech Futures Intelligence Media Pack

Download

Techwire

RAYL Innovations Provides Update on IPO Planning and Leadership Changes

28th May 2022

The IoT Community Announces Synadia as a Gold-level Corporate Member in its Elite IoT Ecosystem

27th May 2022

Wolters Kluwer Wins Third Consecutive FTF News Innovation Award for Operational Risk Management Excellence

27th May 2022

Ackroo Releases Q1 2022 Financial Results

27th May 2022

United States Electric Vehicle Charging Infrastructure Market Growth Opportunities to 2030 – Declining Lithium-Ion Battery Costs Presents Key Opportunites

27th May 2022

Key Trends and Opportunities in the Global Open Banking Market 2022-2026: Big Data Analytics Used to Personalize Customer Experience Services

27th May 2022

Evrynet And Velo Announce Strategic Merger To Build The Future Of CeDeFi

27th May 2022

Floify Welcomes Sofia Rossato as President and General Manager, and Dan Goldman as VP of Sales

26th May 2022
view all

Twitter

FinTech_Futures

FinTech Futures: Top five stories of the week – 27 May 2022 Here’s our pick of five of the top news stories from t… twitter.com/i/web/status/1…

28th May 2022
FinTech_Futures

#Analysis: Money talks Expectations about what is acceptable from a C02 emissions perspective have to mature. spr.ly/6012zryep

28th May 2022
FinTech_Futures

Payments #fintech @Bolt announces layoffs E-commerce checkout fintech Bolt is set to lay off a number of its emplo… twitter.com/i/web/status/1…

27th May 2022
FinTech_Futures

FinTech Futures Jobs: Companies offering the most in demand fintech jobs Exciting open vacancies at @Experian,… twitter.com/i/web/status/1…

27th May 2022
FinTech_Futures

FinTech Futures: Top five stories of the week – 27 May 2022 Here’s our pick of five of the top news stories from t… twitter.com/i/web/status/1…

27th May 2022
FinTech_Futures

Payments #fintech @Bolt announces layoffs E-commerce checkout fintech Bolt is set to lay off a number of its emplo… twitter.com/i/web/status/1…

27th May 2022
FinTech_Futures

#Analysis: Money talks Expectations about what is acceptable from a C02 emissions perspective have to mature. spr.ly/6018zrydy

27th May 2022
FinTech_Futures

ICYMI #fintech funding round-up: @tranch_hq, @Quantifeed, Chekk & Crowd Data Systems A handy round-up of the recen… twitter.com/i/web/status/1…

27th May 2022

Sign up for the FinTech Futures newsletter

Receive updates straight to your inbox each day

New issue of Banking Technology Magazine out now

Available to download for free

Banking Tech Awards USA - 2022 Winners

Congratulations to all of this year's winners!

FinTech Futures Jobs

Find a job or post a vacancy

Fintech Futures
  • About us
  • Advertise with us
  • Contact us
  • Fintech jobs
  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookies Policy
  • Terms
Copyright © 2022 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.