UBS and LSEG Enter Long-Term Partnership...

UBS and the London Stock Exchange Group (LSEG) have entered into a long-term agreement that will see UBS adopt LSEG’s full range of data and analytics solutions across its business operations.

The multi-year partnership is intended to support UBS’s broader strategic objectives, including its ongoing integration efforts, by consolidating data infrastructure, improving data governance, and increasing operational efficiency.

The collaboration aims to deliver cost synergies while enabling UBS to respond to evolving market demands more effectively.

As part of the agreement, UBS will gain access to the next-generation functionalities available through LSEG Workspace, including cloud-native analytics, AI-driven modelling tools, and greater interoperability with platforms such as Microsoft Excel and Microsoft Teams.

These tools are expected to contribute to enhanced decision-making and innovation across the bank’s global operations.

Sergio P. Ermotti, Group Chief Executive Officer at UBS, said:

Sergio P. Ermotti
Sergio P. Ermotti

“This expanded partnership reflects our shared commitment to innovation, efficiency, and delivering differentiated value to our clients. As we continue to execute on our integration strategy, the longstanding trusted partnership with LSEG will be important in unlocking synergies, supporting scalable and long-term revenue growth across the Group.”

David Schwimmer, Group Chief Executive Officer at LSEG, stated:

David Schwimmer
David Schwimmer

“Our focus is on delivering high-quality, multi-asset class solutions that support our partners’ and customers’ evolving needs. We look forward to working closely with UBS to enable mutual, sustainable growth for both organisations, and the wider market.”

 

 

Featured image credit: Edited by Fintech News Switzerland, based on image by Claudio Schwarz via Unsplash