London Stock Exchange Group (LSEG) has signed a new multi-year strategic partnership with Barclays, building on their longstanding relationship.
With the help of this partnership, Barclays is expected to be able to support its entire ecosystem of businesses, improve customer and client service, and get ready for the next wave of financial services.
By supporting clients at every stage of the trade lifecycle, from making pre-trade decisions and carrying out those trades to raising capital and settlement, LSEG, a leading provider of financial markets infrastructure, aids businesses and economies in funding innovation, managing risk, and creating jobs.
Barclays is a British multinational investment bank and financial services company with a strong presence in the UK and worldwide.
This partnership is expected to benefit Barclays significantly, as LSEG's expertise in financial markets infrastructure and data and analytics products will help the bank to improve its offerings to customers and clients.
According to the update, the strategic partnership between LSEG and Barclays includes a wide range of capabilities to support Barclays across its full range of businesses. The aim is to enhance the delivery of financial services to customers and clients and prepare for the next generation in financial services.
LSEG and Barclays have a long-standing relationship that has spanned many years. This new partnership will build on that relationship and bring together the expertise of both companies to deliver innovative financial solutions to customers and clients.
With 23,000 employees across 70 nations, LSEG draws on 300 years of expertise to promote economic empowerment, financial stability, and sustainable growth.
This expertise is expected to be a significant asset to Barclays, as the bank seeks to enhance its offerings and prepare for the future of financial services.
The new multi-year strategic partnership between LSEG and Barclays is an exciting development for both companies. It is expected to bring together the expertise of both companies to deliver innovative financial solutions to customers and clients.
The partnership will help Barclays to improve its offerings to customers and clients, while LSEG will benefit from a closer relationship with one of the UK's leading financial institutions. Overall, this is a positive development for the financial services industry in the UK and worldwide.