UBS Group AG and London Exchange Group (LSEG) today announced a long -term partnership that will allow UBS to adopt the full LSEG data solutions and details of assets, business franchises and commercial life cycle.
This multi -year partnership supports UBS development strategic ambitions and plays an important role in the program and the goals of the team, allowing cooperation and operational efficiency. By integrating data infrastructure, enhancing data cataloging and rationalizing data governance and access to the whole bank, the partnership will enhance UBS’s ability to meet the evolving needs and serve customers with greater agility and accuracy.
The partnership also places UBS to benefit from the possibilities of next generation in the LSEG workplace. These include cloud-native details, AI-operating modeling tools and improved interoperability on platforms, such as Microsoft teams and Microsoft Excel-designed to accelerate innovation and improve decision-making in UBS value chain. The integration of advanced AI and Cloud capabilities will support UBS to accelerate innovation, improving data -based decision -making and unlocking new opportunities in all its worldwide activities.
Sergio P. Ermotti, Managing Director of the team, UBS, said:
“This expanded partnership reflects our common commitment to innovation, efficiency and the provision of differentiated value to our customers. As we continue to execute our integration strategy, long -term reliable cooperation with LSEG will be important for the liberalization of synergies, in support of the expansion.
David Schwimmer, Managing Director of the team, LSEG, commented:
“We are proud to deepen our cooperation with UBS through this strategic agreement.