LSEG and Barclays team up in multi-year data and digital push
The London Stock Exchange Group (LSEG) has entered into a multi-year strategic partnership with Barclays.
Barclays enters multi-year strategic partnership with LSEG
The collaboration, which builds on a “longstanding relationship”, will see LSEG proffer access to its data, insights and capabilities, workflow solutions and feeds, as well as supporting Barclays in its digitalisation journey, cloud adoption and customer platform enhancements.
Barclays is also hoping to join LSEG and Microsoft in their Design Partner Programme, which is currently in development following the link up of the pair in December last year which saw Microsoft snap up a 4% stake in LSEG.
The Design Partner Programme will gather and analyse data and insights from customers while validating product concepts to support the development of new customer solutions.
The pair also says they are committed to working together to enhance and develop LSEG products and services.
LSEG group head of sales and account management, Ron Lefferts, says the two firms will work together across a broad range of global, multi-asset class products and services.
Barclays Bank president and global head of corporate and investment banking, Paul Compton, says: “Continuing this relationship will maximise how we deliver results for clients globally, accelerate our digital transformation and advance our goals of consolidating relationships with a smaller number of global strategic market data vendors.”
