LSEG bought Refinitiv in January 2021 for $27 billion to compete more effectively with global market data leader Bloomberg. Since then LSEG has largely focused on integrating Refinitiv, and Thursday's strategy update marks a new, post integration chapter for the company where data and analytics now account for more than 70% of revenue. "As we enter the next phase of growth, we will leverage our leading franchises across the financial markets lifecycle to create seamless workflows within and across asset classes," LSEG CEO David Schwimmer said in a statement opening the company's two-day Capital Markets event. LSEG, which owns London's 300-year old stock exchange, said it was stepping up its growth expectations to mid to high single digit organic revenue growth annually, accelerating after 2024 as customers start to benefit from its investment in platforms and a partnership with Microsoft.