Case Study: Nasdaq achieves faster business insights with dbt Cloud from dbt Labs

Nasdaq’s route to the modern data stack

Nasdaq, a global financial markets company, faced significant challenges with its complex and high-volume trading data. Business users struggled to access timely information, relying on a slow, ticket-based request system and legacy ETL tools that locked them out of the modeling process. This led to missed business opportunities as reports could take months to deliver. To address this, Nasdaq partnered with dbt Labs to implement dbt Cloud as part of a modern data stack.

The solution from dbt Labs empowered business users by simplifying the data modeling process with SQL-based, collaborative workflows. With the support of dbt Labs' services team, Nasdaq onboarded 55 business users and streamlined its analytics, reducing the run time of a key model from an hour to just ten minutes. This provided the sales and executive teams with previously inaccessible data insights, eliminating the long wait times that caused them to miss critical opportunities.

Nasdaq

Michael Weiss

Senior Manager