Microsoft’s cloud and LSEG’s analytical data make a surprising combination. Could this multi-year alliance transform the finance industry from the inside out?
Have you noticed how many places don’t require swiping your debit or credit cards today? Transactions went from ATM transactions to Venmo and RTPs. And even cards today have another option- to “Tap and Pay.”
Tech has brought an influx of transformations to the finance industry. It was digitization that changed the game.
The way people interact with banking services and transact has undergone serious vamping. Financial services, from B2B to D2C and from global to local levels, have become more secure, seamless, and instant.
But as the finance sector expands, the concerns have also risen.
There are more heaps of customer data. This is the cost of digitization. You can’t eradicate any of it. Amid the complexity, all data is a goldmine.
But how can fintech actually use it to their advantage? Cue in: AI.
This is precisely what Microsoft and LSEG’s multi-year partnership is built on.
According to the agreement, Microsoft is embedding its high-level AI capabilities across each financial workflow and layers of LSEG. It’ll inherently transform how LSEG’s customers access their data. And also establish a secure bridge for deploying agentic AI through an LSEG-managed MCP server.
“LSEG’s partnership with Microsoft is transforming access to data for financial professionals with cutting-edge, AI-driven innovation at scale,” states LSEG’s Group Chief Executive Officer, David Schwimmer.
The collaboration will facilitate a strategic deployment of agents across Microsoft Copilot Studio through LSEG data. Users can now access LSEG-licensed data and analytics directly through their workflows.
Additionally, users can develop sophisticated AI agents and integrate them within their workflows with proper governance control. And with compliant and secure customization at scale.
Given that the finance sector is highly (and complexly) regulated, innovations must adhere to all necessary regulatory compliance. And algorithmic bias and data security continue to be a concern. This is why most fintechs lack a robust regulatory framework in place.
Microsoft’s partnership with LSEG might be a much-needed step.
It connects LSEG-trusted content with Microsoft’s AI capabilities to remove any barriers to innovation across finance. As per the announcement, the strategy is built on LSEG’s strategy, LSEG Everywhere, creating a pathway to scale AI across financial services.
The unparalleled quality of LSEG’s AI Ready Content and taxonomies serves as the right foundational blocks for Microsoft’s Copilot to build upon.
