LSEG’s agreement with CMC Markets expands the trading and investing business’s access to financial data, news and analytics under a multi-year strategic deal. The partnership supports CMC’s multi-asset offering and its plans to develop products, enter markets and grow institutional and B2B relationships.
According to Finextra, the agreement broadens access to pricing and other financial information while giving CMC access to AI-ready content for future applications and workflows.
LSEG and CMC Markets agreement broadens data access
The agreement strengthens the data infrastructure supporting CMC’s multi-asset offering. Its expanded coverage includes real-time and delayed pricing, reference data, corporate actions data, news and analytical content.
The partnership is intended to provide more consistent, standardised financial information as CMC scales its business. That support extends to the development of new products, expansion into new markets and growth in institutional and B2B partnerships.
Data partnership supports technology-led growth
The agreement between LSEG and CMC Markets forms part of CMC’s strategy to build a more diversified, technology-led financial services business. Scalable infrastructure connects its trading, investing and institutional capabilities.
Access to LSEG’s AI-ready content adds a foundation for developing future AI-enabled applications and workflows across the business. The agreement also combines financial data and analytics with flexible access and specialist expertise to support CMC’s expansion.
Executives link broader access to scaling the business
Both businesses’ executives framed the partnership around CMC’s growth and diversification. Chris Coleman, LSEG’s Group Head of Sales and Account Management, said the combination of data, analytics and specialist support would help CMC scale, develop new client propositions and pursue innovation.
Lord Peter Cruddas, CMC Markets’ Founder and Chief Executive Officer, described the data provider as an important strategic partner. He said the agreement with LSEG would give CMC Markets greater capability for its next phase of growth.
“As CMC continues to grow and diversify, having the right data and technology behind the business is critical to how quickly and effectively we can scale,” Cruddas said. He also said broader access to trusted financial data would help the business move faster and strengthen the experience it delivers to clients.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.