May 3, 2023
LSEG signs long-term strategic partnership with Barclays
- Multi-year agreement for LSEG products and services across Barclays including in Investment Banking, Capital Markets, Wealth & Private Banking and Retail.
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.”
Contacts
LSEG Press Office
Lucie Holloway / Simon Henrick
+44 (0)20 7797 1222
newsroom@lseg.com
www.lseg.com
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 over 60 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.
