LSEG today announced that it will be collaborating with AWS to transform its market-leading Real-Time – Full Tick and Real-Time – Optimized data processing capabilities. LSEG will be leveraging AWS’s services in the collection, routing and distribution of its Real-Time financial data. This collaboration will use LSEG’s private cloud and will enable financial institutions to access LSEG’s critical market data with greater flexibility, speed and resilience.
LSEG’s data is the market’s most comprehensive and trusted global data universe, covering over 100 million instruments. LSEG sources and distributes market data from over 575 exchanges and trading venues to customers across the world, and delivers hundreds of billions of data updates every day.
Ron Lefferts, Co-Head of Data & Analytics, LSEG, said: “LSEG’s real-time data and feeds is a crucial component of our business and this collaboration is part of our cloud transformation strategy. Advances in AI and other technologies mean that demand for data is accelerating rapidly. This is a fundamental transformation of our critical data offering that powers the financial markets. Using AWS's services demonstrates our commitment to delivering resilient, intelligent, and accessible data solutions to our customers ensuring they are able to make timely and informed investment decisions, based on the world’s most trusted datasets.”
“Our collaboration with LSEG will help financial institutions navigate the exponential growth in market data, which now peaks at up to 20 million messages per second on LSEG’s real-time network," said Tanuja Randery, Managing Director, AWS EMEA. "By combining AWS's scale, resiliency, and flexibility with LSEG's position in real-time data distribution, we are enabling financial institutions to process billions of data points with the speed and intelligence that modern financial markets demand."
