The London Stock Exchange Group (LSEG) has launched Model-as-a-Service (MaaS), a new capability that enables financial institutions to host, distribute and analyse models through a secure and governed marketplace.
As part of the move, Societe Generale has joined LSEG’s model marketplace as a provider of advanced analytical models.
Seven of the bank’s datasets and analytics will be available via the model marketplace, covering fixed income, FX, ESG, and Equities.
Clients will be able to access the bank’s flagship datasets and analytics alongside LSEG’s own analytics through a single, integrated experience.
LSEG said that through its strategic partnership with Microsoft, MaaS enables portfolio managers, risk teams and other market participants to access datasets, analytics and models from multiple providers “securely” and at scale, without the need for additional integration.
Bill Borden, corporate vice president, worldwide financial services at Microsoft said that the MaaS offering is an important step forward in helping financial institutions “harness the power of advanced analytics and AI.”
“We are truly enthusiastic to partner with LSEG,” said Philippe Dufay, head of data & research sales, global markets, Societe Generale. “This collaboration is a unique opportunity to bring our proprietary datasets and advanced analytics into a powerful platform, creating even greater value for our shared clients.”
Aysegul Erdem, head of modelling solutions at LSEG said that the organisation is excited to onboard the bank as one of its partners, allowing its data to be distributed, discovered, and adopted across institutions.
“By combining partner models with LSEG’s trusted data and our global infrastructure, we are driving innovation and advancing the transformation of the financial model ecosystem,” she continued.
