S&P Global and Barclays Partner on a Multi-Year Strategic Agreement
Rhea-AI Summary
S&P Global (NYSE: SPGI) has entered into a multi-year strategic partnership with Barclays, marking a significant expansion of their existing relationship. The agreement provides Barclays with comprehensive access to S&P Global's suite of products, data, and solutions through the S&P Capital IQ Pro platform.
As part of this collaboration, Barclays will contribute its data to S&P Global's cross-asset pricing and valuation services, enhancing accuracy and coverage across bonds, loans, credit, and derivative pricing. The partnership aims to support Barclays' enterprise-wide operations and improve its customer offerings while leveraging S&P Global's integrated capabilities through their Chief Client Office.
Positive
- Strategic partnership provides comprehensive access to S&P Global's data and solutions
- Barclays' data contribution will enhance S&P Global's pricing and valuation services
- Multi-year agreement ensures long-term collaboration and stability
Negative
- None.
News Market Reaction – SPGI
In the trading session that priced this news, SPGI gained 1.52%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
This multi-year agreement highlights S&P Global's integrated and comprehensive approach to supporting its clients' evolving needs and bringing the full depth and breadth of its capabilities through the Chief Client Office.
"S&P Global and Barclays' strategic agreement marks an exciting milestone that further strengthens a relationship between two deeply trusted and longstanding institutions," said Sally Moore, Chief Client Officer at S&P Global. "Through this agreement, we are empowering the Barclays enterprise to access our world-class research, data, and solutions, including full access to S&P Capital IQ, enabling deeper insights and accelerating innovation in an ever-evolving market."
"We are delighted to execute this strategic deal with S&P Global, a trusted long-term partner of Barclays," said Stephen Dainton, President of Barclays Bank PLC and Head of Investment Bank Management. "S&P's unique data, scale, and commitment to innovation will enable Barclays to continue executing against our business strategy. Barclays is committed to helping clients navigate rapidly shifting market conditions - providing them with liquidity and expert advice."
"We're proud to partner closely with Barclays, equipping them with the highest quality and most trusted data to help serve their customers and accelerate their digital transformation," said Saugata Saha, Chief Enterprise Data Officer at S&P Global and President of S&P Global Market Intelligence. "Behind the power of S&P Capital IQ, and S&P Global's vast data estate, we look forward to building on our longstanding relationship to drive smarter insights and unlock greater opportunities for growth and innovation."
S&P Capital IQ Pro is an integrated platform built to address the dynamic and evolving needs of financial institutions and corporations. It enables users to drive growth, manage risk, and navigate global developments through high-quality, differentiated data, integrated research, and advanced analytics. To learn more about S&P Capital IQ Pro and its underlying datasets, visit: spglobal.com/startwithdata.
Media Contacts:
S&P Global
April Kabahar
Chief Client Office
+1 917-796-3121
april.kabahar@spglobal.com
Farhan Husain
S&P Global Market Intelligence
+1 347-213-0065
farhan.husain@spglobal.com
Barclays
Oksana Poltavets
+1 212-526-0945
oksana.poltavets@barclays.com
About S&P Global
S&P Global (NYSE: SPGI) provides Essential Intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through sustainability and energy transition across supply chains, we unlock new opportunities, solve challenges and Accelerate Progress for the world.
We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/sp-global-and-barclays-partner-on-a-multi-year-strategic-agreement-302511960.html
SOURCE S&P Global