London Stock Exchange Group has announced a multi-year cloud collaboration with Dell Technologies.

The deal will see LSEG optimise its existing on-premises infrastructure and build a new private cloud platform. 

The new platform will strengthen resilience and performance across a number of LSEG’s data & analytics and markets platforms that operate outside of LSEG’s existing public cloud environments.

Dell will support LSEG in the design and build of a new secure, high-performance private cloud platform, integrating Dell servers, storage and automation software to create a unified infrastructure. 

The agreement forms part of LSEG’s multi-cloud strategy, complementing LSEG’s existing public cloud partnerships. 

“LSEG plays a crucial role powering the world’s financial markets through our trusted data and market infrastructure,” said Irfan Hussain (pictured), CIO at LSEG. 

“Optimising our on-premises and public cloud estate is vital in ensuring we continue to serve our customers with best-in-class services. 

“Working with Dell Technologies enhances the flexibility and resilience of our systems, enabling us to continue delivering high-performance services for the financial markets.”

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Doug Schmitt, CIO and president of Dell Technologies Services, Dell Technologies, said: “The financial services sector demands infrastructure that maintains continuous availability while meeting strict security and regulatory requirements. 

“Our integrated infrastructure and automation capabilities give LSEG the operational resilience and flexibility to run their most demanding workloads while maintaining full control of their environment.”

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