LSEG selects OpenFin 09 May 2023UK Reporter: Carmella Haswell
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The London Stock Exchange Group (LSEG) has incorporated OpenFin’s technology for its Workspace platform.
OpenFin’s secure zero-install delivery model and container technology will be used to simplify distribution of LSEG’s next-generation data and analytics to customer desktops.
Designed through a collaboration with financial institutions, the zero-install model ensures security and stability while enabling agile delivery, according to OpenFin, a provider of Chromium container and workspace technology .
Under the partnership, LSEG will migrate LSEG Workspace to leverage OpenFin’s technology, making its platform more easily deployable and interoperable with thousands of internal apps developed by banks and buy-side customers.
According to LSEG, Workspace provides wealth advisors, research analysts, portfolio managers, investment bankers and traders with access to financial data, news, analytics and productivity tools in an intuitive end-user experience.
Dean Berry, group head of trading and banking solutions at LSEG, says: “Transforming user experience starts with seamless delivery of LSEG Workspace to customer desktops.
“Use of OpenFin enhances our delivery model and end user experience, leveraging technology that is already trusted by most global banks and leading asset managers.”
Borre Wessel, head of desktop platform technology, adds: “As technologists, we greatly appreciate OpenFin’s commitment to open web standards and their rigorous process for keeping up with Google Chromium. We will leverage their technology to deliver LSEG Workspace cross-platform to Windows and Mac devices.”
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