LSEG Announces Extension of Partnership with State Street

London Stock Exchange Group (LSEG) announced on Monday that it has reached an agreement with State Street Corporation to extend their relationship.

As detailed in the official announcement, building on their longstanding relationship, the agreement includes a wide range of capabilities to support State Street across its business, enhancing its offerings to clients.

As an example of the new collaboration, clients can now access market pricing, symbology, and time series data from Refinitiv in the Charles River Investment Management Solution and the State Street AlphaSM Data Platform to better inform their investment and risk decisions. Importantly, the collaboration demonstrates the benefits of open architecture and interoperability that distinguishes the Alpha platform.

"State Street has been a valued client of both FTSE Russell and Refinitiv for many years and we are excited to extend our collaboration," said Andrea Remyn Stone, Group Head, Data & Analytics, LSEG. "We look forward to continuing to work with State Street as a key strategic partner, providing our broad range of global, multi-asset class solutions to help enhance its services."

"LSEG brings together a broad range of data, indexes and analytical services," said John Plansky, executive vice president and head of State Street Alpha. "Nearly every part of our business has been using services provided by LSEG for many years and we look forward to continuing to innovate together to serve State Street's clients."

As Fazzaco previously reported, LSEG has announced an expansion of its digital offering for issuers, public and private companies with an investment in OpenExchange Inc.​ (OpenExchange), a trusted video exchange for financial communications. This enhances the Exchange's three-year partnership with OpenExchange during which OpenExchange technology has helped to power SparkLive.