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LSEG CTO outlines approach to AI costs, models and governance

AI · First reported 28 Oct, 18:43 · Updated 18:56

Image: Wikimedia Commons · Fikkar Bonggi · CC BY-SA 4.0

Ken Beinert says LSEG’s AI strategy combines AI-ready data, AI-enabled products and tools for employees. He describes evaluating models and costs for specific use cases, with product P&L owners accountable for AI spending.

  • Beinert describes three pillars of LSEG’s AI strategy: preparing trusted data for AI, embedding AI in products, and supporting employees with internal tools and practices.
  • He says AI investment planning includes infrastructure, data preparation and ongoing safeguards and evaluations, as well as model-token costs.
  • Beinert says product P&L owners are responsible for AI spend, supported by central platforms and controls developed with enterprise AI and finance teams.
Summary written by Lux AI from 1 articles

Key facts

Interviewee
Ken Beinert, LSEG Chief Technology & Operations Officer.
AI strategy
Three pillars: AI-ready data, transformative products and an intelligent enterprise.
Model approach
Beinert says LSEG uses a mix of frontier, smaller and custom models.
Cost accountability
The product P&L owner is responsible for that product’s AI spend.

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