Strategic Partnership to Enhance Market Data Accessibility
LSEG (London Stock Exchange Group) and Dun & Bradstreet have formed an exciting multi-year collaboration aimed at broadening access to essential private market information. This strategic alliance merges LSEG’s extensive capital markets data encompassing deals, private equity, news, and research with Dun & Bradstreet’s renowned private market intelligence. This unique combination empowers investment firms to make more informed, data-driven financial assessments and decisions.
Unlocking New Opportunities in Private Market Data
The partnership not only expands the dataset but also enhances discoverability across critical areas such as Ownership & Shareholder Information and Officer and Director data. Furthermore, the collaboration will lead to the development of innovative connected datasets that optimize capital market use cases, providing users with more robust tools for analysis.
Access to D-U-N-S Number for Improved Business Insights
One of the exciting features of this collaboration is the integration of the industry-recognized Dun & Bradstreet D-U-N-S® Number. This unique identifier for millions of companies enhances the reach of LSEG Workspace users into private market data. By utilizing the D-U-N-S Number, users can easily access and download vital company information, improving the mapping, discoverability, and interoperability of content related to global public and private entities.
Enhancing Decision Making for Financial Professionals
Debbie Lawrence, the Group Head of Data Strategy and Management at LSEG, emphasizes that this collaboration responds directly to the increasing demand for private company data, particularly financial insights. The partnership allows for unprecedented access to private company financial data, representing a significant augmentation of LSEG's offerings, especially for the banking community and other financial institutions striving to make informed decisions.
Commentary from Dun & Bradstreet
Brian Filanowski, General Manager at Dun & Bradstreet, shares excitement about this new era of technology-driven transparency in private firm analysis. He believes that leveraging their leading data assets will empower market participants, particularly in the expanding private markets. More insight and clarity are essential as investors seek to manage risks while exploring new investment opportunities.
Future Developments in Market Data
LSEG and Dun & Bradstreet’s commitment to innovation doesn’t stop here. The partnership plans to develop a new private market data feed projected to be available for customers in the near future. As these companies collaborate, they continue to explore new use cases and distribution avenues, ensuring that clients benefit from the evolving landscape of private market data.
About LSEG
LSEG plays a pivotal role in the global financial landscape as a leading financial markets infrastructure and data provider. Through their open approach and extensive experience, LSEG fosters sustainable growth and stability for its customers and communities. With a global presence spanning over 60 countries and a diverse workforce of 25,000 employees, LSEG remains dedicated to excellence in data and analytics, capital formation, and risk management across various asset classes.
About Dun & Bradstreet
Dun & Bradstreet specializes in providing business decisioning data and analytics, aiding companies globally in enhancing their business performance. Their Data Cloud fuels solutions that empower organizations to accelerate growth while managing risk effectively. Established in 1841, Dun & Bradstreet continues to be a trusted partner, helping businesses across all sizes navigate challenges and seize opportunities in the market.
Frequently Asked Questions
What is the focus of the LSEG and Dun & Bradstreet collaboration?
The partnership aims to enhance access to private market data to facilitate better financial assessments and informed investment decisions.
How does the D-U-N-S Number enhance LSEG's offerings?
The D-U-N-S Number allows LSEG Workspace users to unlock and access comprehensive private company data, improving the discoverability of essential information.
What future developments can we expect from this partnership?
The companies plan to launch a new private market data feed and are exploring multiple use cases and distribution opportunities for enhanced data accessibility.
How does this partnership benefit the banking community?
The enhanced access to private company financial data provides banking professionals with critical insights, enabling them to make better-informed decisions.
What role does data analytics play in this strategic alliance?
Data analytics is central to this collaboration, as it empowers participants in capital markets to derive insights and manage risks effectively while identifying new investment opportunities.
