London Stock Exchange Group Partners with Dell to Bolster On-Premises and Private Cloud Infrastructure

London Stock Exchange Group Partners with Dell to Bolster On-Premises and Private Cloud Infrastructure March 31, 2026 In a significant move highlighting the continued strategic importance of on-premises infrastructure for critical financial services, the London Stock Exchange Group (LSEG) has entered a multi-year agreement with Dell Technologies. The deal underscores a nuanced, multi-cloud approach by a major financial market operator, balancing public cloud commitments with the need for dedicated, controlled environments for core workloads. Under the agreement, Dell Technologies will assist LSEG in optimizing its existing on-premises infrastructure footprint and will be responsible for designing and building a new private cloud platform. This platform is intended to strengthen the resilience and performance of LSEG's data, analytics, and markets platforms, which are not hosted in public cloud environments. The financial terms of the multi-year deal were not disclosed. LSEG Chief Information Officer Irfan Hussain emphasized the critical nature of the infrastructure, stating, “LSEG plays a crucial role powering the world’s financial markets through our trusted data and market infrastructure. Optimizing our on-premises and public cloud estate is vital in ensuring we continue to serve our customers with best-in-class services.” He added that “Working with Dell Technologies enhances the flexibility and resilience of our systems, enabling us to continue delivering high-performance services for the financial markets.” Doug Schmitt, President of Dell Technologies Services, noted the specific demands of the sector, saying, "The financial services sector demands infrastructure that maintains continuous availability while meeting strict security and regulatory requirements. Our integrated infrastructure and automation capabilities give LSEG the operational resilience and flexibility to run its most demanding workloads while maintaining full control of its environment.” This partnership with Dell represents another layer in LSEG's complex and evolving IT strategy. In 2022, the group entered a landmark 10-year agreement with Microsoft, which included a $2.8 billion minimum spend commitment to migrate data and workloads to Microsoft Azure. More recently, in April 2025, LSEG expanded its relationship with Amazon Web Services (AWS), naming it the preferred cloud platform for its markets, risk intelligence, and FTSE Russell divisions. The latest deal with Dell signals a concerted effort to modernize and retain control over the foundational infrastructure that supports its most critical exchange operations, reflecting a hybrid model where public cloud, private cloud, and optimized on-premises systems coexist to meet diverse operational and regulatory needs. Source: datacenterdynamics