Refinitiv
“Can a financial markets data and infrastructure business spun out of Thomson Reuters become the backbone of global capital markets data, trading, and risk intelligence at scale under LSEG ownership?”
Founded2018
HQLondon, UK
IndustryInfrastructure / Financial Data & Markets
The story
Refinitiv was carved out of Thomson Reuters in 2018 as a financial markets data and infrastructure business, backed by Blackstone. It operated as an independent entity providing market data terminals (Eikon), trading platforms (Elektron), and risk/compliance data. In 2021, LSEG completed its acquisition of Refinitiv, making it the core of LSEG's Data & Analytics division; the Refinitiv brand has progressively been retired and folded into the LSEG brand and product suite.
Product timeline
2018
Refinitiv formed as a standalone entity when Blackstone Group acquired a 55% stake in the Financial and Risk business of Thomson Reuters for approximately $20 billion.· pivot
2021
London Stock Exchange Group (LSEG) completed the acquisition of Refinitiv for approximately $27 billion, absorbing it into the LSEG data and analytics division.· acquisition
The stack
Accounting gap: none