The London Stock Exchange Group (LSEG) has chosen Oracle Cloud to revamp its finance operations. By utilizing Oracle Fusion Cloud and Oracle Financial Services Applications on a unified platform, LSEG aims to enhance efficiency, reduce costs, and improve its financial planning, forecasting, and controls. LSEG decided to replace its 17 legacy finance systems with Oracle applications to create a global platform for future growth.
This move will help LSEG streamline its billing operations, automate financial processes, and optimize financial and operational planning, enhancing its ability to serve over 45,000 customers worldwide.