tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Microsoft (MSFT) Teams Up with London Stock Exchange for ‘Agentic’ AI Built on Financial Data

Story Highlights

Microsoft and the London Stock Exchange Group (LSEG) have partnered to help financial firms build custom AI agents empowered by LSEG’s data.

Microsoft (MSFT) Teams Up with London Stock Exchange for ‘Agentic’ AI Built on Financial Data

U.S. tech giant Microsoft (MSFT) has extended its relationship with the London Stock Exchange Group (GB:LSEG), a global provider of financial markets data and trading infrastructure. Both institutions are now working together to enable financial services companies to build custom agentic artificial intelligence platforms that feed on LSEG’s data.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Agentic AI acts as an ‘agent’ and can carry out various tasks autonomously. Under the renewed partnership, Microsoft will give businesses the ability to use its Copilot Studio to create low-code AI agents that can be integrated into their everyday workflows in its productivity suite Microsoft 365.

Microsoft and LSEG Onboard Customers

To fuel the AI agent, LSEG data will be supplied via its Model Context Protocol (MCP) server. MCPs are specialized systems that enable AI models to interact with external tools and data sources in real time.

These systems make it possible for such models to perform a wide range of actions, such as analyzing a spreadsheet or financial data, running a code snippet, querying a database, or even deploying software.

The goal of the collaboration is to enable “users to make confident decisions faster”, LSEG said in a statement. The collaborative effort will also empower businesses to streamline complex workflows, explained Nick Parker, a top executive at Microsoft.

Already, Microsoft and LSEG have started onboarding customers to help them build their first AI agents. However, both institutions did not reveal the details of the clients they are working with.

The move comes as Microsoft continues to make progress in its effort to integrate artificial intelligence, both at the enterprise and the individual level. Other Big Tech companies are also racing towards the same goal.

Is Microsoft a Buy, Sell, or Hold?

Turning to Wall Street, Microsoft’s shares currently have a Strong Buy consensus rating on TipRanks. This is based on 34 Buys and one Hold assigned by analysts over the past three months.

Moreover, the average MSFT price target of $628.055 suggests a 23% growth potential from the current level.

See more MSFT analyst ratings here.

Disclaimer & DisclosureReport an Issue

1