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UBS and the London Stock Exchange Group (LSEG) have announced a multi-year strategic partnership, with UBS set to adopt LSEG’s full suite of data and analytics solutions across asset classes, business franchises, and the entire trade lifecycle of the bank.
The agreement, which supports UBS’s integration strategy following its acquisition of Credit Suisse, aims to unlock cost savings, operational efficiencies, and scalable long-term revenue growth. Key details and benefits of the partnership include:
Scope of the Partnership
UBS will incorporate LSEG's comprehensive suite of data products, including cloud-native analytics, AI-powered modeling tools, and enhanced platform interoperability such as with Microsoft Teams and Excel.
Strategic Objectives
The deal underpins UBS’s integration of Credit Suisse, helping to streamline data infrastructure, governance, and cataloguing across the bank, which supports the bank's broader strategic growth plans by enhancing operational efficiencies and cost synergies.
Client Impact
Enhancements in data accessibility and analytics capability are expected to improve client service with higher precision and innovation.
Management Perspectives
UBS CEO Sergio Ermotti emphasized the importance of the partnership in unlocking synergies and supporting long-term revenue growth, while LSEG CEO David Schwimmer highlighted the mutual commitment to innovation, efficiency, and sustainable growth.
Background
LSEG's data solutions include those acquired with Refinitiv in 2021, which are already integrated into UBS’s internal data platform UBS Quotes.
The Future of the Partnership
The collaboration is expected to deliver cost synergies and enable UBS to respond more effectively to market demands. David Schwimmer, CEO of LSEG, emphasizes the focus on delivering high-quality, multi-asset class solutions that cater to evolving needs.
UBS will gain access to next-generation functionalities through LSEG Workspace, including cloud-native analytics, AI-driven modelling tools, and greater interoperability with Microsoft Excel and Microsoft Teams. The partnership between UBS and LSEG is crucial for UBS's integration strategy and long-term revenue growth.
The partnership aims to facilitate mutual, sustainable growth for both organizations and support the wider market’s growth as well. The exact contract length and financial terms have not been disclosed, but the partnership reflects a continuation and expansion of the existing longstanding relationship between UBS and LSEG, aiming to deliver innovative data capabilities to meet evolving market and client needs.
- UBS is set to leverage LSEG's full suite of data and analytics solutions, which includes cloud-native analytics, AI-powered modeling tools, and enhanced platform interoperability, to unlock cost savings, operational efficiencies, and scalable long-term revenue growth.
- The collaboration between UBS and LSEG, focusing on next-generation functionalities such as cloud-native analytics, AI-driven modeling tools, and greater interoperability with Microsoft Excel and Microsoft Teams, is crucial for UBS's integration strategy and long-term revenue growth, aiming to facilitate mutual, sustainable growth for both organizations and support the wider market’s growth as well.
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