LSEG acquires Global Data Consortium to expand its digital identity solutions

Launched in 2012, GDC aims to deliver high-speed electronic digital identity verification. The company sources and enhances data from over 300 global data sources to provide digital identity verification almost in real-time, for over 70 countries. 

Through the acquisition, LSEG’s Customer and Third-party Risk business will use GDC’s services to offer digital identity verification to customers and, after the acquisition is completed, GDC will become a part of LSEG’s Data & Analytics division.