The Business Times
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TOPLINE

LSEG’s diversified business model drives resilience

Raphael Lim

Raphael Lim

Published Mon, Dec 5, 2022 · 05:50 AM
    • David Schwimmer, chief executive officer of LSEG, says the group's approach has been focused on building capabilities across the trade life-cycle, data, analytics and information services.
    • David Schwimmer, chief executive officer of LSEG, says the group's approach has been focused on building capabilities across the trade life-cycle, data, analytics and information services. PHOTO: LSEG

    WHEN the London Stock Exchange Group (LSEG) announced its plans to buy data service provider Refinitiv in August 2019, the world was a very different place.

    Yet, the Covid-19 pandemic, shifts in global monetary policy as well as geopolitical tensions in Europe have not held the group back from delivering on targets set when the acquisition was made.

    LSEG’s chief executive David Schwimmer believes this can be traced to the resilience of the company’s diversified business model.

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