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UBS and London Stock Exchange Group Form Strategic Partnership
In a significant move to bolster its global operations, UBS has entered into a long-term strategic partnership with the London Stock Exchange Group (LSEG). The agreement will see UBS adopt LSEG's full range of data and analytics solutions across all its business operations[1][2][3][4][5].
Under the terms of the agreement, UBS will gain access to next-generation functionalities through LSEG Workspace, including cloud-native analytics, AI-driven modelling tools, and greater interoperability with platforms like Microsoft Excel and Microsoft Teams[1][2][4]. This is expected to accelerate innovation and improve data-driven decision-making across UBS’s operations.
The partnership is also designed to consolidate UBS’s data infrastructure, enhancing data governance, cataloguing, and access to streamline operations and support evolving market demands[1][2][4]. This move aligns with UBS’s broader strategic objectives, particularly the ongoing integration efforts after acquiring Credit Suisse in 2023. The collaboration is intended to unlock cost synergies, operational efficiencies, and scalable long-term revenue growth across the group[1][2][3][5].
UBS will also benefit from LSEG’s multi-asset class solutions that help serve clients with greater agility and precision, supporting sustainable growth for both organizations and the wider market[1][2].
Sergio P. Ermotti, Group Chief Executive Officer at UBS, expressed his enthusiasm for the partnership, stating that it is aligned with innovation, efficiency, and client value[1][2]. David Schwimmer, Group Chief Executive Officer at LSEG, emphasized the focus on delivering multi-asset class solutions that cater to evolving needs and mutual sustainable growth[1][2].
Although the agreement does not disclose specific financial terms or exact contract duration, it clearly reflects a strategic collaboration aiming to leverage LSEG’s advanced data and analytics to strengthen UBS’s global business capabilities and decision-making[3][5]. Both UBS and LSEG look forward to fostering mutual, sustainable growth for their organizations and the wider market.
[1] UBS press release, [link to the press release] [2] London Stock Exchange Group press release, [link to the press release] [3] Financial Times article, [link to the article] [4] Reuters article, [link to the article] [5] Bloomberg article, [link to the article]
The strategic partnership between UBS and London Stock Exchange Group will see UBS leveraging LSEG's data-and-cloud-computing solutions across all business operations, utilizing next-generation functionalities like cloud-native analytics and AI-driven modelling tools. This partnership in technology is aimed at bolstering innovation and data-driven decision-making within UBS's business.
The collaboration is also intended to consolidate UBS’s data infrastructure, enhancing data governance, cataloguing, and access, to streamline operations and support evolving market demands, aligning with UBS’s broader strategic objectives, particularly the ongoing integration efforts after acquiring Credit Suisse in 2023. This partnership in business is expected to unlock cost synergies, operational efficiencies, and scalable long-term revenue growth across the group.
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