…The US software group will help LSEG shift its infrastructure to Microsoft’s Cloud, which will give it greater processing power and allow the company to package its data faster and more flexibly.

“Moving on to the cloud is very important as they have to enable themselves for the next generation of computing capability,” said Niki Beattie, chief executive of consultancy Market Structure Partners. She added that without this, “it will be hard to move forward at pace”. …