LSEG has appointed Gianluca Biagini and Ron Lefferts co-heads of the global data and analytics division.
Based in London and New York respectively, the pair report to LSEG CEO David Schwimmer. Within their roles, they are responsible for the growth of the company’s financial database service Workspace – the successor to Eikon, which is being withdrawn effective 30 June.
The new platform offers integration into Microsoft products, interoperability with Teams and Microsoft 365 aiming to improve workflow.
LSEG’s main competitor in this space is Bloomberg, with the Bloomberg Terminal reporting more than 350,000 subscribers as of 2022. LSEG Data & Analytics most recently reported 40,000 customers.
Biagini, currently a senior vice president at S&P Global Market Intelligence, will join the company in August. With almost 30 years of experience, he has been a partner at IHS Markit and global head of data solutions at Bloomberg.
Lefferts has been with LSEG since 2021, first as group head of strategic accounts and latterly as group head of sales and account management. Across his 25 year career Lefferts has held senior roles at companies including IBM and Merrill Lynch.