The London Stock Exchange Group (LSEG) has announced an expansion of its longstanding partnership with Amazon Web Services (AWS), by selecting the latter as the favoured cloud provider for its Markets, Risk Intelligence, and FTSE Russell divisions.
This decision marks a significant step in their ongoing collaboration, aiming to advance LSEG’s technological framework and service delivery.
By transitioning its internal systems to AWS, LSEG intends to enhance the resilience and security of its operations, while also introducing new offerings for its clients.
LSEG markets group head Daniel Maguire said: “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.”
The Risk Intelligence division will utilise Amazon Bedrock, enabling it to conduct quicker and more precise risk assessments, thereby assisting clients in adapting to market changes efficiently.
Through AWS, LSEG will continue to offer its clients access to historical and quantitative FTSE Russell indices, facilitating in-depth analysis of market trends and patterns. This move is designed to streamline the process for gaining market insights and reduce related operational costs.
In addition, LSEG Markets plans to implement AWS Outposts to ensure the provision of robust and scalable services for its users.
AWS Europe, Middle East, and Africa (EMEA) managing director Tanuja Randery said: “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.”
Recently, Nasdaq forged a partnership with AWS to further their joint mission of modernising global markets. This collaboration aims to provide market operators with solutions designed to enhance liquidity, improve capital flow, and stimulate growth, all while maintaining high standards of performance and security.
By delivering infrastructure, software, and data management services, this initiative seeks to address the challenges of emerging technologies, competitive pressures, regulatory demands, and evolving client expectations. It also supports market operators in their modernisation efforts.
