Adenza

Financial Services and Banking

Acquired by Nasdaq Inc
New York, United States Founded 1991
Total raised
Stage
Founded
1991
Headcount
24
HQ
New York, United States
Sector

About

Adenza Group, Inc. is a software application provider specializing in capital markets, investment management, central banking, risk management, clearing, collateral and treasury & liquidity. Their integrated suite of trading and risk applications is used by banks and other financial companies The company was formed through the merger of Calypso Technology and AxiomSL.

Axiom Software Laboratories Inc (AxiomSL) develops software for the global financial services market with offices all over the world. AxiomSL provides enterprise-wide infrastructure and analytical applications in the areas of data integration and warehousing, financial and energy risk management, regulatory reporting, compliance, and financial control.

The Israeli branch, AxiomSL Ltd, was opened in 2015 to implement the Hebrew version for eXtensible Business Reporting Language (XBRL). XBRL is a standards-based way to communicate and exchange business information between business systems, defined as metadata. AxiomSL is enabling banks, asset managers, and insurers in Israel to tackle the introduction of new regulations with ease and confidence by providing solutions for tax, finance, and risk operations reporting requirements.

Company Intelligence Q&A

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When was Adenza acquired and by whom?
Adenza was acquired by Nasdaq Inc in June 2023 for $1.05 billion.
How was Adenza formed?
Adenza was formed through the merger of Calypso Technology and AxiomSL in September 2021.
Which company acquired AxiomSL prior to the merger that formed Adenza?
Thoma Bravo acquired AxiomSL in October 2020.
When did AxiomSL establish its Israeli branch?
AxiomSL established its Israeli branch, AxiomSL Ltd, in August 2015.
What was the purpose of AxiomSL opening an office in Israel?
The Israeli branch of AxiomSL was opened in 2015 to implement the Hebrew version for eXtensible Business Reporting Language (XBRL).
What is Adenza's primary focus as a software provider?
Adenza specializes in providing software applications for capital markets, investment management, central banking, risk management, clearing, collateral, and treasury & liquidity.
What was the former name of Adenza?
Adenza was formerly known as Calypso Technology and AxiomSL.
What is the employee count for Adenza's Israeli branch?
Adenza's Israeli branch has between 11-50 employees, with an exact count of 24.

Tags

compliancerisk-managementfintechanalysis-softwarebanks