LSEG embarks on private cloud platform build out through multi-year Dell Technologies collaboration
The new offering is expected to complement the firm’s existing public cloud partnerships with Amazon Web Services (AWS), Microsoft and OVHcloud.
The new offering is expected to complement the firm’s existing public cloud partnerships with Amazon Web Services (AWS), Microsoft and OVHcloud.
The new offering – Eolas – is designed to stamp out fabricated data and rogue AI responses, to provide traders and heads of desks with real-time insights to drive best execution and resolve issues quickly.
The development aligns with ongoing efforts to form a regional infrastructure layer connecting Argentina, Chile, Colombia and Peru, and is set to provide institutional clients across the world with real-time market data access, The TRADE understands.
The new capabilities make use of Google Cloud Universal Ledger, and are expected to lay the groundwork for broader treasury use cases in the future.
The collaboration is expected to tackle the fragmentation of collateral and risk workflows across digital and traditional infrastructures and provide a unified framework for clients to scale tokenisation strategies.
The additions are expected to enhance the firm’s current algorithmic execution offering for US Treasuries, launched in October 2025.
New hire is set to join in a credit-based role after five years at the global investment manager, The TRADE understands.
The move is set to drive the firm’s product growth and aligns with an increasing shift towards liquidity and trading infrastructure migrating to the cloud.
In April 2025, The TRADE revealed that Stifel that it would be closing its UK-based equities trading business, with potential jobs cuts expected to follow, before the firm confirmed the decision in December 2025.
To ensure a smooth delivery of the enhancement, both firms are set to collaborate throughout 2026, with a focus on platform design, testing, migration and participant readiness.