The London Stock Exchange Group (LSEG) has extended its long-standing Yield Book partnership for analytics with Citi.
Yield Book and Citi provide fixed income analytics and models to the industry, aiding institutional investors with managing their investments and risk management needs.
Yield Book forms part of LSEG’s data and analytics division. The extended partnership will allow for expansion of deep models, analytics and model infrastructure which the firms noted as being core to driving long term and sustainable growth, alongside equipping clients with analytic tools that are necessary to manage their businesses.
Yield Book’s fixed income analytics enable market makers and institutional investors to perform complex analysis of their portfolios, benchmarks, trading decisions, historical performance and risk.
In addition, Yield Book products provide analytical insight into a wide selection of financial products in the fixed income realm including governments, agencies, corporates, high yield, emerging markets, mortgages and derivatives.
“At LSEG and Citi, as trusted partners to our clients we have many shared principles. Today’s announcement reinforces those principles with the expansion of deep models, innovative analytics, and model infrastructure – core to driving long term, sustainable and differentiated growth,” said Emily Prince, group head of analytics at LSEG.
Mike Daniel, head of NAM mortgage trading and financing at Citi, added: “We have a long history of innovating in modelling and financial analytics. Our renewed partnership with LSEG enables us to deliver a state-of-the-art experience for our clients.”
Over the past two years, LSEG has made efforts to expand its data and analytics capabilities. Most recently, LSEG acquired market data solutions provider MayStreet, which provides banks, asset managers and hedge funds with low-latency technology and market data.
Read more: LSEG to acquire market data solutions provider MayStreet
The exchange also acquired data and analytics giant Refinitiv in January 2021 after an 18-month delay caused by a regulatory investigation by the European Commission into competition concerns around the deal.