Nasdaq Collaborates with Microsoft to Reimagine the Boardroom Experience using Artificial Intelligence
30 5월 2024 - 9:00PM
Nasdaq (Nasdaq: NDAQ) today announced its Capital Access Platforms
division has introduced new artificial intelligence (“AI”)
powered capabilities for the Nasdaq Boardvantage® Board Portal
on Microsoft Azure. These capabilities, powered by Microsoft Azure
OpenAI Service, are designed to help governance teams quickly
summarize board materials, which can help to highlight crucial
information and provide strategic insights and actionable
recommendations. This may not only equip board members with
essential information for informed decision-making, but also help
governance teams with time and cost savings, so they can focus on
vital board initiatives.
“The future of the boardroom is at an inflection point – board
members are facing ever-evolving pressures and are expected to
manage increasing risks and responsibilities with historically
limited technological support,” said Jeff Thomas, Executive Vice
President of Nasdaq’s Corporate Platforms business. “The document
summarization capability is the first of a series of planned
AI-enabled offerings for Nasdaq Boardvantage customers as we bring
an intelligent layer to the board portal and reflects our
commitment to empowering boards to navigate the complexities of
corporate governance and redefine what’s possible through
integrated solutions. Our collaboration with Microsoft allows us to
unlock greater business insights, accelerate innovation and
optimize operational excellence for our clients.”
A Nasdaq survey found board members are looking to technology
for new ways to be more efficient and data-informed, with 84% of
respondents indicating that they expected increased or sustained
scrutiny and time requirements for board service. Nasdaq expects
that the integration of generative AI into Nasdaq Boardvantage will
help automate historically cumbersome and manual governance
processes – such as summarizing reports, presentations and agendas
– and enable directors to be better prepared for meetings.
“We are excited to collaborate with Nasdaq on innovative,
AI-powered solutions to better serve its clients around the world,”
said Judson Althoff, executive vice president and chief commercial
officer at Microsoft. “By migrating its board portal application
Nasdaq Boardvantage to the Microsoft Cloud, Nasdaq is able to
unlock new generative AI experiences—including a document
summarization capability built on Azure OpenAI Service — to help
board members increase efficiency of communications and gain
insights for more informed decision-making.”
Nasdaq Governance Solutions is used by nearly half of Fortune
100 clients across more than 4,500 organizations. As part of the
collaboration with Microsoft, Nasdaq is migrating its Nasdaq
Boardvantage platform onto the Microsoft cloud so that all its
customers can take advantage of the new generative AI capabilities.
Nasdaq Boardvantage® on Azure is currently available for customers
in Asia and is being rolled out in North America now with plans to
roll out to other geographies in the future.
Future of the Boardroom
The fast-paced world of corporate governance continues to evolve
as board and governance professionals face increasing demands from
more diverse stakeholders. Coinciding with today’s launch, Nasdaq
is pleased to host a “Future of the Boardroom” virtual event on May
31, 2024, that will congregate senior executives and leaders from
across the governance ecosystem to discuss the latest trends
impacting board performance, as well as innovative technologies to
help drive productivity. To register to attend Future of the
Boardroom, click here.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company
serving corporate clients, investment managers, banks, brokers, and
exchange operators as they navigate and interact with the global
capital markets and the broader financial system. We aspire to
deliver world-leading platforms that improve the liquidity,
transparency, and integrity of the global economy. Our diverse
offering of data, analytics, software, exchange capabilities, and
client-centric services enables clients to optimize and execute
their business vision with confidence. To learn more about the
company, technology solutions, and career opportunities, visit us
on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
© 2024 Nasdaq, Inc. The Nasdaq logo and the Nasdaq ‘ribbon’ logo
are the registered and unregistered trademarks, or service marks,
of Nasdaq, Inc. in the U.S. and other countries. All rights
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certain of its subsidiaries (collectively, “Nasdaq”), for
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warranty with respect to this communication or such content and
expressly disclaims any implied warranty under law. At the time of
publication, the information herein was believed to be accurate,
however, such information is subject to change without notice.
Nothing herein shall constitute a recommendation, solicitation,
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sale of any investment product, nor shall this material be
construed in any way as investment, legal, or tax advice, or as a
recommendation, reference, or endorsement by Nasdaq.
Cautionary Note Regarding Forward-Looking
Statements:
Information set forth in this release contains forward-looking
statements that involve a number of risks and uncertainties. Nasdaq
cautions readers that any forward-looking information is not a
guarantee of future performance and that actual results could
differ materially from those contained in the forward-looking
information. Forward-looking statements can be identified by words
such as “may,” “potentially,” “expects,” and other words and terms
of similar meaning. Such forward-looking statements include, but
are not limited to, statements related to the performance of, and
customers’ experience with, product features in the Nasdaq
Boardvantage® Board Portal. Forward-looking statements involve a
number of risks, uncertainties or other factors beyond Nasdaq’s
control. These risks and uncertainties are detailed in Nasdaq’s
filings with the U.S. Securities and Exchange Commission,
including its annual reports on Form 10-K and quarterly reports on
Form 10-Q which are available on Nasdaq’s investor relations
website at http://ir.nasdaq.com and the SEC’s website
at www.sec.gov. Nasdaq undertakes no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future events or otherwise.
Nasdaq Media ContactPeter Gau(201)
388-9682Peter.Gau@nasdaq.com
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