LCH SA, the Paris-based global clearing house and part of LSEG, has entered a new phase of its technological evolution with the signing of a cloud hosting agreement with OVHcloud, a cloud provider offering secure hosting solutions.
The company has launched this partnership to enhance its operational resilience, strengthen security and deliver greater scalability as it continues to expand its diversified clearing services across asset classes.
LCH builds strong relationships with market participants across credit, digital asset derivatives, equity, fixed income, FX and rates. It promotes central clearing, boosts operational and capital efficiency and supports firms navigating complex cross-border regulations. Its wide suite of solutions includes compression, sponsored clearing, credit index options clearing, contracts for differences clearing and digital asset derivatives clearing.
The new cloud solution will see selected LCH SA services hosted by OVHcloud on its SecNumCloud-qualified platform, providing a compliant, secure and highly resilient environment.
LCH SA CEO and country head France, LSEG, Corentine Poilvet Clédière said, “We are pleased to be leveraging trusted European cloud provider OVHcloud as part of LSEG’s cloud strategy. Modernising our infrastructure is a significant undertaking that LCH SA is proud to deliver. Using OVHcloud’s SecNumCloud qualified services will enable us to benefit from greater operational efficiency and the ability to further scale our fast-growing businesses.”
OVHcloud chairman and CEO Octave Klaba said, “LCH SA is a key provider of market infrastructure in Europe and across the global financial community. Our SecNumCloud qualified solution enables LCH SA to benefit from cutting-edge cloud technology while maintaining the highest level of security and control over their data within a robust regulatory framework.”
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