Bank of America taps LSEG to boost AI-enabled client services

By Vriti Gothi

London Stock Exchange Group (LSEG) has entered a multi-year partnership with Bank of America to integrate its data, analytics and workflow capabilities across the bank’s platforms, as financial institutions intensify efforts to deliver faster insights and AI-enabled services to clients.

Under the agreement, LSEG’s data and analytics solutions will be embedded across key areas of Bank of America’s business, enabling clients to access governed, high-quality and rights-cleared content within a unified environment. The collaboration is designed to help clients analyse market conditions more efficiently, identify trends and make more informed decisions.

As part of the partnership, LSEG will provide AI-ready content to support advanced analytics and accelerate insight generation across client workflows. The bank will also gain access to LSEG Workspace, alongside APIs and enterprise integration tools, allowing data and analytics to be delivered directly within existing advisory, trading and investment processes.

The integration will also incorporate LSEG’s World-Check risk intelligence data to strengthen compliance, screening and monitoring capabilities across jurisdictions. The move reflects growing industry focus on combining trusted data sources with automation and AI to enhance both client experience and regulatory oversight.

Fernando Vicario, CEO of Merrill Lynch International and UK Country Executive at Bank of America, said, “Trusted, high quality data is essential to how we support clients and manage risk. Partnering with LSEG provides a unified, governed source of intelligence that strengthens our solutions, empowers client decision making and enhances how we innovate and execute. Integrating LSEG’s capabilities across our workflows will enable faster insight generation and a more seamless experience for our clients.”

Gianluca Biagini, Group Co-Head, Data & Analytics at LSEG, added, “By powering Bank of America’s ecosystem with our analytics and workflows, including LSEG Workspace, we are supporting the bank’s transformation ambitions while strengthening governance and risk management. This will equip Bank of America with the trusted data needed to deliver deeper insights, streamline decision making and drive new value across client workflows.”

The partnership comes as global banks prioritise unified data architecture and AI-ready infrastructure to support real-time decision-making, improve operational efficiency and meet increasing regulatory expectations. By consolidating data, analytics and risk intelligence within a single framework, Bank of America aims to deliver more consistent, insight-driven services across advisory, trading, risk and regulatory functions.