Question · Q3 2025
Brian Bertram Bedell asked if the emergence of Nasdaq's AI solutions would help accelerate achieving the revenue synergy target of exceeding $100 million by the end of 2027, and for an update on the current status of that target.
Answer
Adena Friedman, Chair and CEO, reported 30 cross-sells since the Adenza deal closed, with 15% of the Financial Technology sales pipeline consistently underpinned by cross-sells, indicating strong demand. She affirmed that AI solutions, by delivering advanced capabilities and reinforcing Nasdaq's position as a trusted critical infrastructure provider, will absolutely support cross-sell efforts and drive upsells, acting as a catalyst and increasing confidence in achieving the revenue synergy target.