Having made a raft of acquisition, the exchange operator is seeking to streamline its operations, replacing 17 legacy finance systems with Oracle. With Oracle Fusion Cloud and Oracle Financial Services Applications running on a unified platform, LSEG says it will increase efficiency, reduce costs, and improve its financial planning, forecasting, and controls. Joanna Fielding, group head, transformation, finance, LSEG, says: “With Oracle Cloud, we will be better able to align our financial operations to enhance performance, make better use of data, increase efficiency, and streamline billing - all while delivering outstanding service to customers.” Last year, LSEG agreed a 10-year deal with Microsoft for cloud, data analytics and workspace products across the exchange operator’s entire technology architecture. Microsoft also acquired a four per cent stake in the operator.