London Stock Exchange Group revealed last week it had set up a ‘strategic’ ten-year partnership with US giant Microsoft, the latest collaboration for the group.
This was the most recent in a string of partnerships between US big tech names and a financial powerhouse, with CME partnering up with Google and Nasdaq with Amazon Web Services. The alignment of these two firms could be regarded as a watershed moment for cloud computing, as Derren Nathan, head of equity research at Hargreaves Lansdown, said: "The level of trust that such a critical cornerstone of the global financial markets is showing, shows that cloud computing has truly come of age". Stock Spotlight: Glencore share price shrugs off 'neo-colonial' corruption case Regarding LSEG ...
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