NEW DELHI: London Stock Exchange Group (LSEG) announced that its data and systems were finally back up and running after facing a technical snag amid Microsoft’s global outage that affected multiple industries, including airlines, broadcasters, banking, and healthcare.
“We’re currently working through the backlog of data,” said LSEG to its clients in a memo seen by news agency Reuters.
The company’s Regulatory News Service, which publishes company updates, and the prices and news for various assets on its Workspace platform, had also been affected but resumed functioning. A spokesperson for LSEG stated that the issue was due to a third-party global technical problem, but securities trading on the London Stock Exchange remained unaffected.
Meanwhile, some banks and financial services firms reported that employees and customers experienced difficulties accessing their systems following the outage. Barclays customers faced issues managing their accounts on the Smart Investor digital investing platform, while Allianz employees had trouble logging on to their computers.
The global cyber outage on Friday seemed to originate from an update to a product offered by CrowdStrike, a global cybersecurity firm, which affected customers using Microsoft’s Windows Operating System. Microsoft later announced that the issue had been resolved.