The LSEG will move internal systems to the AWS cloud environment.
The London Stock Exchange Group (LSEG) is extending its multi-year collaboration with Amazon Web Services (AWS) and will be relying on AWS as “the preferred cloud provider for its Markets, Risk Intelligence and FTSE Russell divisions,” officials say.
“By migrating internal systems to the cloud, LSEG will further strengthen its resilience and security while delivering new services and products for customers,” according to the announcement. “Using Amazon Bedrock will also give LSEG’s Risk Intelligence division the ability to provide faster, more accurate risk analysis, empowering its customers to stay agile and enhance their resiliency.”
AWS will help LSEG provide customers “access to historical, quantitative FTSE Russell indices. This allows customers to uncover deeper market trends and patterns, whilst reducing time-to-insight and operational costs,” officials say. LSEG Markets will also use AWS Outposts to deliver services to customers.
“Our ongoing collaboration with AWS is an important part of the group’s cloud strategy,” says Daniel Maguire, group head of markets, LSEG, in a prepared statement. “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.”
AWS is “excited about the opportunity to scale our work with LSEG,” says Tanuja Randery, managing director, AWS EMEA, in a statement.
LSEG is headquartered in London and has “significant operations in 65 countries across EMEA, North America, Latin America and Asia Pacific,” officials add. “We employ over 26,000 people globally, more than half located in Asia Pacific.”
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