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LSEG Equities Business Bounces Back with Growth

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Apr 25, 2024

David Schwimmer, CEO of the company, provided an update on the business’s performance in the first quarter, noting that they have seen solid growth consistent with their plans. He highlighted the strong performances in FTSE Russell, Risk Intelligence, and Tradeweb, as well as the return to growth in the Equities business. Schwimmer also mentioned the ongoing innovation within the company, with new product launches expected throughout the year.

Schwimmer also touched upon the progress made in the Microsoft partnership, stating that a number of products are expected to enter external pilot or general release in the near future. He emphasized the importance of migrating datasets onto the Microsoft platform, which will enhance customer access to data. Schwimmer expressed his optimism for further progress in the coming months.

Overall, Schwimmer’s statement reflects the company’s positive start to the year, with a focus on growth, innovation, and strategic partnerships. The commitment to delivering value to customers through new products and improved data access underscores the company’s dedication to driving success in the market.

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