LSEG, Symphony vie to build a ‘LinkedIn’ for capital markets

Six months on from its Microsoft tie-up, LSEG is optimistic about creating a trusted directory for the financial services industry. But it has competition.

Six months after London Stock Exchange Group (LSEG) became the latest exchange provider to partner with Big Tech through its 10-year deal with Microsoft, it has indicated the potential endgame of this partnership: becoming a trusted directory for the financial services industry.

It isn’t alone in its endeavor. Companies such as chat and collaboration platform Symphony have been attempting to ‘reinvent the phonebook’ since its second and current CEO, Brad Levy, began adding new features

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The IMD Wrap: Will banks spend more on AI than on market data?

As spend on generative AI tools exceeds previous expectations, Max showcases one new tool harnessing AI to help risk and portfolio managers better understand data about their investments—while leaving them always in control of any resulting decisions.

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