The London Stock Exchange Group (LSEG) has signed a deal with Amazon Web Services (AWS) that will move the organisation\u2019s high-speed financial data operations to the cloud.<\/p>\n
The firms hope that the new expanded partnership will allow financial institutions to access LSEG\u2019s market data with greater speed and flexibility.<\/p>\n
LSEG\u2019s data operation is among its most valuable, covering over 100 million instruments, it sources and distributes market data from over 575 exchanges and trading venues to customers all over the world.<\/p>\n
The London Stock Exchange owner has been implementing a cloud transformation strategy that has also seen it forge strategic partnerships with Microsoft.<\/p>\n
\u201cLSEG\u2019s real-time data and feeds is a crucial component of our business and this collaboration is part of our cloud transformation strategy. Advances in AI and other technologies mean that demand for data is accelerating rapidly,\u201d said Ron Lefferts, co-head of data and analytics at LSEG.<\/p>\n
\u201cThis is a fundamental transformation of our critical data offering that powers the financial markets. Using AWS\u2019s services demonstrates our commitment to delivering resilient, intelligent, and accessible data solutions to our customers ensuring they are able to make timely and informed investment decisions, based on the world\u2019s most trusted datasets.\u201d<\/p>\n
LSEG has had an ongoing relationship with AWS, which has been designated as the preferred cloud provider for its markets, risk intelligence and FTSE Russell divisions.<\/p>\n
\u201cOur collaboration with LSEG will help financial institutions navigate the exponential growth in market data, which now peaks at up to 20 million messages per second on LSEG\u2019s real-time network,\u201d said Tanuja Randery, managing director of AWS EMEA.<\/p>\n
\u201cBy combining AWS\u2019s scale, resiliency, and flexibility with LSEG\u2019s position in real-time data distribution, we are enabling financial institutions to process billions of data points with the speed and intelligence that modern financial markets demand.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The London Stock Exchange Group (LSEG) has signed a deal with Amazon Web Services (AWS) that will move…\n","protected":false},"author":2,"featured_media":44623,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21266],"tags":[9742,9581,11151],"class_list":["post-44622","post","type-post","status-publish","format-standard","has-post-thumbnail","category-london-stock-exchange-group","tag-aws","tag-london-stock-exchange-group","tag-lseg"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116614457124189023","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/44622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=44622"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/44622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/44623"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=44622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=44622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=44622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}