LSEG has announced the extension of its long-term collaboration with Amazon Web Services (AWS). Under this agreement, AWS is the designated cloud provider for LSEG’s Markets, Risk Intelligence, and FTSE Russell divisions. This development builds on the existing partnership between the two entities.
The transition of internal systems to the cloud aims to bolster LSEG's resilience and security while facilitating the introduction of new services and products. The integration of Amazon Bedrock will enable LSEG’s Risk Intelligence division to improve the speed and accuracy of risk analysis, allowing customers to remain flexible and enhance their resilience.
Utilizing AWS technologies, LSEG will maintain its provision of historical, quantitative FTSE Russell indices to clients. This effort helps clients uncover significant market trends and patterns while reducing both time-to-insight and operational costs. Additionally, LSEG Markets will utilize AWS Outposts to deliver reliable and scalable services to clients.
"Our ongoing collaboration with AWS is an important part of the Group’s cloud strategy. LSEG’s role as a leading global market infrastructure and data provider means that operational resilience is the foundation of everything we do – and cloud services are the cornerstone of our approach. We look forward to working with AWS to deliver innovative products and an enhanced experience for our customers to support their trading and risk management activity," Daniel Maguire, Group Head of Markets, LSEG, remarked.
Tanuja Randery, Managing Director at AWS EMEA, added, "AWS has deep expertise in meeting the unique needs of financial markets participants around the world, and we are excited about the opportunity to scale our work with LSEG. We look forward to helping LSEG drive innovation for their financial services customers and improve resilience."
LSEG, the London Stock Exchange Group, is a prominent provider of global financial markets infrastructure and data. The organization is headquartered in the United Kingdom and operates in 65 countries across multiple regions, employing over 26,000 people worldwide. Their ticker symbol is LSEG.