LSE Focuses on Four-Part Strategy

FRONT PAGE: EXCHANGE WATCH

The London Stock Exchange’s information services division is using 2005 to build on four vertical business lines, says CIO David Lester.

In 2003 the exchange decided to focus on four verticals: warehouse services; reference data, including the Sedol identifier service; the desktop marketplace; and its Web site. The overall aim was to diversify beyond its dependence on the vendors that redistribute its data. "There is one linchpin: to get the contracts out from around vendors and to direct users,"

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