Regnology, a German Regtech company, will purchase Wolters Kluwer's Financial Risk and Regulatory Reporting (FRR) unit.
Swiss banking giant UBS has entered into a multi-year strategic collaboration with the London Stock Exchange Group (LSEG), marking a deepening of their existing relationship. This partnership will see UBS adopt LSEG's full suite of data and analytics solutions across asset classes, business franchises, and the entire trade lifecycle of the bank.
The deal is aimed at supporting UBS’s strategic growth ambitions, operational efficiencies, and cost synergies, particularly in the context of integrating Credit Suisse following its acquisition by UBS.
Under the terms of the agreement, UBS will gain full access to LSEG’s data and analytics suite. This includes real-time news, industry analysis, ESG fund news, regulatory and technological insights, along with newsletters and access to events. The partnership also integrates advanced analytics tools, such as cloud-native analytics, AI-powered modelling tools, and enhanced interoperability with widely used platforms like Microsoft Teams and Microsoft Excel, leveraging LSEG Workspace capabilities.
The partnership is expected to improve UBS's data infrastructure by streamlining data access, governance, cataloguing, and consolidating data infrastructure across the group to enhance innovation and client service precision. Operational benefits include delivering cost savings from the integration of Credit Suisse and unlocking synergies across business units.
UBS CEO Sergio Ermotti emphasized the partnership’s role in unlocking synergies and supporting scalable, long-term growth. LSEG CEO David Schwimmer highlighted the collaboration's alignment with evolving market demands and mutual sustainable growth for both organizations and the wider market.
No specific financial terms or exact length of the contract were disclosed publicly. However, both executives expressed a shared commitment to innovation, efficiency, and delivering differentiated value to clients with the expanded partnership. LSEG's focus remains on delivering high-quality, multi-asset class solutions that support evolving needs.
These tools are expected to contribute to enhanced decision-making and innovation across UBS's global operations, positioning the bank well for the future. The partnership is a significant step forward in leveraging LSEG’s data assets, including those from its acquisition of Refinitiv, to drive innovation, efficiency, and enhanced client service within UBS.
- UBS, in its effort to support strategic growth, operational efficiencies, and cost synergies, especially considering the integration of Credit Suisse, will leverage technology by gaining full access to London Stock Exchange Group's (LSEG) suite of data and analytics solutions in finance and business, comprising real-time news, AI-powered modeling tools, and cloud-native analytics.
- This partnership between UBS and LSEG is anticipated to improve data infrastructure, streamline data access, and consolidate data infrastructure across the group, positing UBS for innovation and client service precision, while also positioning itself well for the future with enhanced decision-making capabilities due to the integration of advanced analytics tools.
%20unit.){kind=link}