Nasdaq, Inc., one of the world's leading Governance, Risk management and Compliance (GRC) solution providers, has won the Best Operational Risk & GRC provider at the RiskTech100® 2018 awards.

Nasdaq's four commercial offerings were considered for the award:

•          BWise: Governance, Risk & Compliance software solutions
•          SMARTS: Trade Surveillance and Market Surveillance solutions
•          TradeGuard: Pre-Trade Risk Management technology
•          Nasdaq Boardvantage: An online board portal, designed to increase collaboration and good governance

"We are thrilled to be named the winner of the Operational Risk and GRC category," said Lars Ottersgård, EVP & Head of Market Technology, Nasdaq. "In today's economy, access to capital can only be obtained when there is sufficient trust and transparency. Nasdaq provides the technology to help companies achieve their ambitions, build trust and be transparent, whether it's driven by GRC, board & leadership communications or (pre-) trade risk management & surveillance efforts. This recognition by Chartis underscores our current and future commitment in this space."

"Nasdaq has embraced new technologies and addressed important industry demands over the past year," said Rob Stubbs, Head of Research, Chartis. "We expect it to continue to progress as a provider of GRC and operational risk software."

The awards are organized by Chartis Research - the leading provider of research and analysis on the global market for risk technology - and recognize the major players in this area. The winners and subsequent rankings are based on Chartis' analysis into market trends, participants, expenditure patterns and best practices. The analysis has been validated through several phases of independent verification and is the most comprehensive study of its kind, having researched 40,000 risk technology buyers globally (70% in financial services, 30% in non-financial services).