everyone. for Thank joining you us. you, Thank and good morning, Ato,
we last XXXX the and performance. Sarah progress I the then am solutions, on proud XXXX, substantially financial company AxiomSL, towards Nasdaq's our morning, the the the to and before Calypso of financial completed be to goals the objectives I'll start schedule. handing year, XXXX, and platform extremely of operational detail.
Reflecting outlook growth discuss On trusted and walk outlook on the an our further I'll priorities with of a this world's through on delivered becoming more our results the our for system. overview our of in and financial and call of achieved our fabric synergies call strategic and Throughout integration of scalable delivering showcased delevering vision ahead expense to initial value
The our Nasdaq the to team's XXXX, for new as and with execute by are in with our our and upsells strategy provides we ability strengthening value position competitive create of confidence client clients our wins, significant traction evidenced gaining cross-sells. and us
year. billion the net XXXX. increased Moving $X.X from to for financial revenues of our X% Nasdaq's results
for delivered outlook. growth range or ended our increase XX% the of the medium-term in within ARR each Solutions growth revenue at $X.X of billion, with an year full X.X% year-over-year. the above year, quarter
billion year-over-year $X.X and For of net revenue quarter, revenue X%. growth delivered fourth XX% to the Solutions grew we
full Technology, the overall We XX% Moving Markets Financial divisions. growth for XX% Financial X% year by growth Platforms growth which and our included driven performance. growth delivered in to performance index of year. an XX% for growth Management revenue Capital in XX% year of the our Access outstanding revenue the growth and ARR generated growth Crime XX% Technology for delivered Technology X% XXXX, for Regulatory ARR Technology. division, Capital
U.S. by Market year record equity and higher as as Services derivatives driven full well cash achieved European across U.S. revenue volumes the equities.
and regulation for which see from than us and critical their innovation to has across complete X,XXX as challenges greatly solve operational its now accelerated highlights with our most Calypso our In a and clients. journey strong XXXX. vital addition accomplishments, Technology clients financial division engagements helping Financial partner of the The Today, a first our as as has Turning to platform a resulted risk, Technology of emerged as delivered more our and in trade Financial our infrastructure. force meaningful deep AxiomSL company. operational year,
system financial technologically in the greater possible and industry culturally banking is confidence transformation and cloud-based with point a to at The implement where solutions. is capital markets
and comfort cloud-based recent solutions according among ago report, the BCG's to to from X level deploy to today. banks of global For has just XX% Nasdaq XX% example, years increased
provide solutions disciplines. XX% built seeking common Additionally, banks to majority today, they only are problems, can that of for their appliance internal solve strategic large partners in-house understand who programs. industry across prefer regulatory solutions multiple and The provide capabilities solutions technology superior
and year. XXX is upsells portfolio strengthened sentiment as division relationships, the the cross-sells clients, across our evident has new of Nasdaq's this product This enhanced through signing XX XXX client materialized
penetration Importantly, Notable these and banks. expanding examples institution our success and surveillance, financial Calypso AxiomSL major include and highlight Nasdaq in trade our cross-sells wins our from represent X include Verafin. institutions X to a Tier continued collective across financial global Tier
And solution. AxiomSL bank another Tier Calypso X its adding existing to
to while delivering continues division our strategic mature, we're will even clients further the growth. As broad-based we deepen with relations confident that our
our differentiated over one with Management nearly $XX Tier in Financial a assets, the X,XXX in financial including Nasdaq X banks. growing a completed of new during X beginning solution within will Tier bank subdivisions root our turn financial quarter. capabilities out And Nasdaq a financial Technology and I fraud review today, wire with Verafin unique them trillion institutions cross-sell Crime for of Technology where recognize Now to institutions business helping Verafin, our number Financial Nasdaq's crime. X serves representing
across we've our are strengths on Europe industry-leading in we in America, announced where Nasdaq clients of launch with Building the region. Verafin's engaging North the offerings
to and deals across win marquee Regulatory Capital Markets as several XXXX, our In our risk the Technology had we underscores market. markets right global addressable serviceable are to which Technology and modernization our exiting compliance. clients as of well manage
a Arup, to financial partnerships in venture Austria. weeks. details regulatory fourth In We long-term to look services solution AxiomSL future-proof and a in joint additional signed quarter, forward Nasdaq agreement provide coming providers the collaborative to on of banks providing management through the a important
its Technology expansion key that in opportunities these paltry build XXXX. manage Generale in with unlocked the -- that we've AxiomSL we've reporting countries progress us well strong to on to needs. XXXX, positions the represent and momentum build Societe India domestic in also international secured Regulatory and made France, these an Philippines upsell
year, for our from trade signed Surveillance up first and new in Fourth our for ago. clients of our new cloud cloud cloud-based client clients XX% a Taiwan. clients Surveillance during the customers. And Market Surveillance new fourth including X XXX% of year of are market XX leveraging leveraging XX% -- quarter, quarter, regulators solution, as the
expected in strategy, bank, Calypso key Technology in signed its Markets international and Mexico our its client Latin wins major markets, Capital trend milestone e-client momentum Technology including signed and expanding with X as continue cohort, year. -- across with XXXX. to expect key additional this clients notable XXXX continue Market advanced commitment America, new we Brazil, this to Colombia. with markets, central a an they modernize XXth base in in our existing
clients X in signed crypto the also new fourth quarter. We
to integrity well our asset ahead, strategy the asset on asset through ETFs industry active Technology is industry's continues and of through institutions. our the look integration Nasdaq European for the adoption this we EPS Surveillance markets. is and and digital U.S. already in mature our class of crypto solutions. the CTF, evident More enhances within As in Bitcoin financial options as iShares the Trust as transparency with that This the Calypso class broadly, listed other Market focus infrastructure helping liquidity, and market from
Proprietary Options potential to indexes. product We Digital Options areas see in Index Benchmark cryptocurrency and Assets
additional expect frameworks as We clearer Nasdaq space. will in arise and to opportunities and continue them regulatory new pursue guidance, provide assess to dynamic strategically this
division. Access Turning to Capital Platforms our
valuable to more new Nasdaq attracting We and listings strong corporate and supporting data market through operator even index franchise. as leading decision-making success into our continued through in investor liquidity our tools, world's preeminent the driving market workflow the and
the U.S. and our exchange proceeds consecutive by years to as extended Nasdaq top raised. IPOs number XXXX, leadership In X listings of
the by the XXX of billion achieved IPOs, Nasdaq in rate IPOs XXX For year. operating included U.S. year. among Overall, XX% Lineage, actor Nasdaq largest This for IPOs proceeds. the raising operating the eligible total year, the headlined an win company company had in $XX
measured nearly of of the transfer. of In Nasdaq, transfer as quarter, celebrated representing date the the listing third cumulatively trillion each we market $X XXXth value to
We continued Nasdaq for market Exchange value year. over exchange the to to start Nasdaq quarter bringing the we transfer the XXXX, a to new the the in largest Stock with including exchange on billion fourth And our of welcome began Domino's, X. switches XX XXXX, total Palantir, momentum on $XXX in January on transfers, U.S. which
franchise was as new exceptional outside Innovation we an with year franchise, this growth, XX delivered record the over XXXX with revenue XX% also occurring for which launched year ending the our United of half the heart States. at year in products remains Index AUM. the
innovation, with delivering globalization XX% were products insurance new the launched on clients, expansion XX, the pillars our across annuity partnership Index space. these sorry, in institutional Importantly, of were space XX and and -- in
Solutions, this in the asset the cycles focused Within beta business owners our environment asset Analytics In continued strong ecosystem offerings as the and an corporate solutions. demand improvement elongated while strengthening saw demand year-over-year from we and for data growth. our Workflow across buying resulted challenges, remained client through as We workflow in managing Corporate Insights, and year. on managers anticipate IPO normalizes. out This
European demonstrated than markets. we products, of as our [indiscernible] doubled and strong and options revenue our our leadership index Finally, year-over-year. options Services more U.S. We Market in index experienced across division, options adoption
of year, Closing value a shares of volume addition, shares this traded. and delivered In terms notional we including record record the of in a volume traded quarter in Cross
We markets the next-generation with in also platform, made September. modernizing our derivatives Fusion, migration of to ISE progress our Nasdaq
we of an areas In focus our will and we into their Futures European strategy, our business. transaction our our has This addition, Power our sharpen announced the alignment our with Euronext units growth lead market. portfolio part strategic on with that Nasdaq to of sell as entered as business Nordic agreement ongoing assessment
our our operational integral to our part ability of and clients our the Moving significant and growth of U.S. globally. footprint is is our delivered robust critical business. milestones. strategy achieving forward, as while combination Overall, European serve Nasdaq strategic across to business European an
deliver At We our successfully executed scalable on Day Excecute we introduced X priorities and entering are XXXX. positioned Investor and in Innovate to resilient well priorities: strategic Integrate, and these growth. March,
our execution Technology our Through highly holistically a deploying to priority, relentless we're model Nasdaq our go-to-market approach and deliver has and for of operating clients. division the Financial well structured functioning our integrate One
at the free exited end target, leverage synergies to XXXX. last our incremental deliver year to its net Nasdaq expense enable XXXX, of XXX% ratio In additional of cash X.Xx Nasdaq flow will addition, over Sarah lower having to at and the our of solid efficiencies. cost discuss from our X.Xx end efforts actioned synergies gross and
road Moving innovation new new product maps. our and and seen managers Innovate AI-powered product offerings each priority. solutions incorporating solid delivering on XXXX. to of to to in across continue our introducing and date, features across Nasdaq, We've divisions product We adoption our amplified in client AI their work
have we strong ahead, various over the year. course the is pipeline with Looking expected of a innovation product
Within exploration operations, our with entering XXXX. 'XX internal focus to from business and and experimentation our impact 'XX shifted adoption has AI driving in
of describe. is engaged the and across which team to the in scaling Sarah expanded our that efficiency will use AI productivity is program deliver enhancements Our also in reflected organization, efficiencies
on Accelerate decision XX cross-sells Technology our we now priority, revenue acquisition account advanced XXXX exceed of at Nasdaq the in including the end our opportunities campaigns with and Cross-sell rate closed, several million from stages $XXX and senior as with of remains drove clientele. Financial XXXX. to that X with cross-functionality by across of quarter. showcase And sales for our makers the we in XX since Division's cross-sells deepen pipeline, fourth solution the deals execute organized run [indiscernible] relationships suite in track XX% over
XXXX, Looking our on build is durable and successful ahead to growth. revenue Nasdaq positioned deliver well to 'XX
and and X interconnected to company, distinct a a As journey a platform modern approach and built standardized principles client-specific challenges, once architectural we and deployed purpose-built build strengths: directly many platforms, robust solutions our client become across unify technology business on transformation that our technology a our that our continue our operations. scalable frameworks network, is address operational
and clients. coupled factors, with elevated prospective our conversations current with industry our These deep expertise, have
new client momentum wins, and entering continue strong into XXXX we're our with across materialize our As cross-sells, conversations business. upsells to
deploy and we Nasdaq their support to U.S., than for GDP XXXX have and well unemployment bodes continue clients. XXXX, settled to a consumer into and interest In rates giving backdrop the state more Further, relatively ability low and in confidence economic inflation our solid the between experienced addition, growth. investors capital. more In spending predictable
factors global in environment and economy creating parts business have world, expected strength other start of These to from South help to a with including the grow Overall, the Asia. the year. to U.S. is the positive contributed
setting beginning For in markets IPO of up example, years after of a more uptake the muted activity, list expect the several companies quarter of strong we XXXX, year. an second on with to public half
filed of have have go to continue pipeline on We a public that Nasdaq. to healthy companies
markets public, governance, navigate become companies needs. initial reporting the forward from them to and helping these cover public the we sustainability listings look IR to process As
across remain risks, suite needs of keeping global institutions up institution systems regimes integrity any which environment. well be the trading the continue of of financial first against financial for changing them regulatory our turn meeting complexity to are Finally, technological help for the our across opportunities crime, new globe, demand economy Technology division regulators strong and or solutions, to driving changes the trusted face will protecting divergent through clients them partners and solutions. rapid complex to partner positioned we financial with Whether and it's advancements, throughout Financial to navigate in the technology
in signaling will financial institutions benefit We the White and administration liquidity the agenda markets. capital new companies, The unlock U.S. to and pro-growth a the more this business-friendly, believe of entered House
relates environment around it we're supportive regulatory the the to is our clients, well-calibrated smart that governing traction regulation. As of gaining
up, a priorities, was wrap and Across we which To strategic our the our growth strong on further synergy achieved partner ahead financial delivered XXXX Nasdaq key advanced as leading global objectives evolution and organization, a the the of system. we to of in executed target. goals deleveraging our year
in we're medium-term enter remain our our and confident XXXX, to we our delivering achieve As outlook. strategy on ability
the provide Sarah financial results outlook And with call on more for XXXX. over will that, details now and I to our turn to