Bank of America is integrating data and analytics tools from the London Stock Exchange Group (LSEG) across key areas of the organisation.

The move aims to support several business propositions, including advisory and investment workflows, trading, risk oversight and regulatory processes.

The collaboration aims to help the bank's clients uncover "deeper insights" and act on "actionable intelligence", with the technology supporting them in analysing complex market conditions, interpreting trends, and making "well-informed" decisions.

The bank will also tap AI-ready content designed to accelerate analysis and improve insight generation across client workflows.

As well as this, Bank of America is integrating risk intelligence to help the organisation maintain
consistent and reliable compliance and screen and monitoring processes across markets and jurisdictions.

“Trusted, high quality data is essential to how we support clients and manage risk,” said Fernando Vicario, chief executive of Merrill Lynch International and UK country executive at Bank of America. “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.”

---