LSEG has extended its multi-year cloud partnership with AWS.
Takeaway Points
- LSEG extends cloud partnership with AWS.
- It has also named AWS as the preferred cloud provider for its markets, etc.
- The Markets will also use AWS Outposts to deliver resilient and scalable services to customers.
AWS and LSEG
Amazon, in a press release on Monday, said that LSEG has extended its multi-year collaboration with Amazon Web Services (AWS), naming AWS as the preferred cloud provider for its Markets, Risk Intelligence, and FTSE Russell divisions. Today’s new agreement builds on the existing relationship between the two companies.
By moving internal systems to the cloud, LSEG will strengthen its resilience and security while delivering new services and products for customers, the company said.
Daniel Maguire, Group Head of Markets, LSEG, remarked, “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.”
Tanuja Randery, Managing Director, AWS EMEA, commented, “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.”
The Collaboration
LSEG will continue to give customers access to historical, quantitative FTSE Russell indices, using AWS, which will allow customers to discover deeper market trends and patterns while reducing time-to-insight and operational costs, Amazon said.
According to the report, LSEG Markets will also use AWS Outposts to deliver resilient and scalable services to customers.
About LSEG
LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider, playing a vital social and economic role in the world’s financial system.
With our open approach, trusted expertise, and global scale, we enable the sustainable growth and stability of our customers and their communities. They are dedicated partners with extensive experience, deep knowledge, and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing, and risk management across multiple asset classes.
LSEG is headquartered in the United Kingdom, with significant operations in 65 countries across EMEA, North America, Latin America, and Asia Pacific. We employ over 26,000 people globally, more than half located in Asia Pacific.
About Amazon Web Services
Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 114 Availability Zones within 36 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in New Zealand, the Kingdom of Saudi Arabia, Taiwan, and the AWS European Sovereign Cloud.
Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs.
