Acquisition SuccessThe recently acquired Adenza business posted accelerating ARR growth, dispelling fears of an impending sharp deceleration.
Business TransformationThe transformation of the business into higher quality, more durable revenue streams is underway with solutions growth and ARR growth.
Market PotentialNasdaq is seen as an underappreciated beneficiary of a capital markets rebound, with slower revenue streams expected to re-accelerate as the IPO pipeline improves.