LSEG Partners with IndusInd Bank to Drive Digital Transformation in Banking

LSEG Partners with IndusInd Bank to Drive Digital Transformation in Banking

(IN BRIEF) LSEG (London Stock Exchange Group) has entered into a long-term agreement with IndusInd Bank, one of India’s largest private sector banks, to support its digital transformation strategy. The partnership will provide IndusInd Bank with access to LSEG’s data offerings and workflow solutions, enabling its financial professionals to collaborate effectively and gain actionable insights. The integration of LSEG’s Electronic Trading solutions will digitize the trading workflow, improving operational efficiency and streamlining the trading process.

(PRESS RELEASE) LONDON, 12-Jul-2023 — /EuropaWire/ — LSEG (London Stock Exchange Group), announced a long-term agreement with IndusInd Bank, one of India’s largest private sector banks, to support the bank’s digital transformation strategy.

As part of the agreement, IndusInd Bank will gain extensive access to LSEG’s comprehensive data offerings and workflow solutions. This will enable financial professionals at the Bank to collaborate effectively and provide actionable insights utilising LSEG’s real-time news, data, and robust analytics.  Moreover, the integration of LSEG’s Electronic Trading solutions will digitise the trading workflow, providing scalability, flexibility, and seamless integration capabilities; enhancing operational efficiency and streamlining the trading process.

Ranjit Pawar, Managing Director, Data & Analytics at LSEG South Asia, said, “The Indian market is increasingly adapting to the efficiencies of electronic trading, aiding expansion in outreach and enabling automation. We are pleased to be working with IndusInd Bank as they streamline their business operations, enhancing their user experience with dynamic offerings and capabilities, that will empower employees in this rapidly evolving landscape.”

Siddharth Banerjee, Head – Global Markets Group and Financial Institutions Group, IndusInd Bank, said, “The selection of LSEG as our data partner, marks a significant step towards achieving the bank’s new digital transformation goals. This arrangement signifies the bank’s effort to leverage technology and data-driven solutions to enhance the banking experience for customers. At IndusInd Bank, customer experience is at the centre of every innovation, and this collaboration reinforces our commitment to delivering exceptional services to our valued customers. Our unwavering focus on customer-centricity, combined with LSEG’s content and capabilities, will enable us to offer innovative solutions that address the evolving needs of our customers.”

Through Electronic Trading, hundreds of financial institutions across 80 countries globally are already benefiting from a next-generation e-commerce trading platform. Accessible via FXT, the single source of access to preferred FX trading venues, Electronic Trading offers a powerful suite of e-commerce products to shape, configure and automate FX prices to customers while streamlining risk management.

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. We 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 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 23,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.

Media Contact:

Stuti Singh
Phone: +912261807174
stuti.singh@lseg.com

SOURCE: LSEG