Lloyds Banking Group Renews Multi-Year Agreement with Behavox for Data Platform

AI Summary

Behavox confirmed a multi-year agreement renewal with Lloyds Banking Group for the Behavox Mosaic platform, which has been in use since 2021. The platform consolidates trade data to provide real-time insights for front-office teams, enhancing operational efficiency. Lloyds serves 28 million customers and aims to reduce IT spending by several hundred million pounds by 2028. This partnership supports Lloyds' broader goals of innovation and data strategy.