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david schwimmer

T3 · host / generalist

David Schwimmer is the CEO of London Stock Exchange Group (LSEG), a global financial markets infrastructure and data provider. He previously spent 20 years at Goldman Sachs. He leads LSEG's transformation including the integration of Refinitiv and expansion into data, analytics, and digital assets.

1 call·1 name·0% bull·last heard 3 years ago·In Good Company with Nicolai Tangen
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no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

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$BTCBitcoin

LSEG CEO Schwimmer: Bitcoin boom flamed out, now building regulated digital asset infrastructure

Schwimmer says LSEG avoided aggressive Bitcoin exposure during the early boom expecting a flame-out, and is now focused on providing regulated pricing, clearing, and digital market infrastructure for institutional customers.

In Good Company with Nicolai Tangen2024-02episode →

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recurring themes

  • AI Infrastructure1
  • Financial Market Infrastructure1
  • IPO Market1
  • Crypto & Digital Assets1
  • AI Applications1
1 total
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Bitcoin
MEDdavid schwimmer·In Good Company with Nicolai Tangen·3 years ago·David Schwimmer CEO London Stock Exchange Group | In Good Company Norges Bank Investment Management
LSEG CEO Schwimmer: Bitcoin boom flamed out, now building regulated digital asset infrastructure
Schwimmer says LSEG avoided aggressive Bitcoin exposure during the early boom expecting a flame-out, and is now focused on providing regulated pricing, clearing, and digital market infrastructure for institutional customers.
"we did not move aggressively into uh Bitcoin in its early uh boom years we sort of expected it to have... when you have that kind of bubble or boom uh inevitably then it tends to…"
6:31
8
AI Infrastructuretailwind
LSEG CEO: AI model quality entirely dependent on data quality, driving demand for data integrity and lineage
Schwimmer argues that LLM quality is entirely dependent on input data quality, creating growing demand for data integrity, lineage, and auditability — areas where LSEG's data and analytics business is well-positioned.
7
Financial Market Infrastructuretailwind
LSEG CEO: Volatility drives revenue upside for financial market infrastructure with 70% stable data revenue base
Schwimmer explains LSEG's model combines 70% stable, growing data/analytics revenue with incremental upside from market volatility across execution venues, benefiting from inflation, rate moves, and geopolitical dynamics.
7
IPO Marketheadwind
LSEG CEO: UK losing listings to US due to executive compensation gap and cultural aversion to high pay
Schwimmer identifies a compensation disparity where US executive pay is 3-4x UK levels, causing UK fintech/biotech firms to list in New York, exacerbated by UK cultural aversion to high pay and proxy advisor pressure.
7
Crypto & Digital Assetstailwind
LSEG building regulated digital market infrastructure for institutional crypto adoption
Schwimmer describes LSEG's strategy of providing regulated pricing, clearing, and asset-class-agnostic digital market infrastructure for institutions, avoiding unregulated DeFi in favor of a compliant approach.
6
AI Applicationstailwind
LSEG and Microsoft launch AI meeting prep tool generating memos in 15 seconds from proprietary and public data
Schwimmer describes a new AI-powered meeting preparation product built with Microsoft that synthesizes public, financial, research, corporate, and private data (email, CRM) into memos in seconds, replacing hours of analyst work.