(IN BRIEF) LSEG and Barclays have entered into a new multi-year strategic partnership to enhance delivery for customers and clients and prepare for the next generation in financial services. The agreement includes a wide range of capabilities to support Barclays across the full ecosystem of businesses. LSEG will provide Barclays access to its market-leading data, insights, and capabilities, workflow solutions and feeds, as well as supporting Barclays in its digitalisation journey, cloud adoption, and customer platform enhancements. The two companies are committed to working together to enhance and develop LSEG products and services. Barclays is also in discussions to become a member of the Design Partner Programme established between LSEG and Microsoft to gather and analyse data and insights from customers, while validating product concepts to deliver customer solutions to the market.
(PRESS RELEASE) LONDON, 4-MAY-2023 — /EuropaWire/ — LSEG (London Stock Exchange Group) and Barclays have signed a new multi-year strategic partnership. Building on their longstanding relationship, the agreement includes a wide range of capabilities to support Barclays across the full ecosystem of businesses to enhance delivery for customers and clients and prepare for the next generation in financial services.
The new collaboration will see LSEG provide Barclays access to its market-leading 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 in discussions with LSEG and Microsoft to become a member of their Design Partner Programme, which is in the process of being established following the strategic partnership that was announced between the two organisations in December 2022. The Design Partner Programme will seek to gather and analyse data and insights from customers while validating product concepts to ensure delivery of real and meaningful customer solutions to the market. LSEG and Barclays are committed to working together to enhance and develop LSEG products and services.
Ron Lefferts, Group Head of Sales & Account Management, LSEG said:
“We are delighted to have signed a new multi-year agreement with Barclays. They have been a long-standing, highly valued customer for a number of years and the strategic partnership will see us work together across a broad range of global, multi-asset class products and services.”
Paul Compton, Global Head of the Corporate and Investment Bank (CIB), and President of Barclays Bank PLC commented:
“LSEG is a long-term client and partner to Barclays and this engagement will see us working together to enhance existing offerings and develop new and innovative products and services. Continuing this relationship will maximize 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.”
About London Stock Exchange Group
LSEG (London Stock Exchange Group) is a leading provider of financial markets infrastructure and a global supplier of data and analytics, news and index products.
We help businesses and economies fund innovation, manage their risk and create jobs by supporting customers at every point in the trade lifecycle – from making pre-trade decisions and executing those trades to raising capital and settlement.
With 23,000 people in 70 countries, we draw on 300 years of knowledge and experience to help drive financial stability, empower economies and enable sustainable growth.
Media Contacts:
LSEG Press Office
Lucie Holloway / Simon Henrick
+44 (0)20 7797 1222
newsroom@lseg.com
www.lseg.com
SOURCE: London Stock Exchange Group
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