Case Study: London Stock Exchange Group achieves seamless global payroll transformation with CloudPay

London Stock Exchange Payroll transformation in three months

London Stock Exchange Group (LSEG), a UK-based financial services company operating in 70 countries, needed to complete a complex payroll transformation after the divestiture and acquisition of Thomson Reuters’ financial and risk business. Using CloudPay and its Workday-based global payroll platform, LSEG had to establish more than 50 new legal entities, transition thousands of employees, and keep all existing payrolls running without interruption on an aggressive three-month timeline.

CloudPay used Thomson Reuters’ existing payrolls as a model, adapting data for employee status, benefits, and payments across countries and implementing a standardized rollout across 51 countries. The result was 117 new payrolls for 57 entities delivered in weeks, with every go-live met on time, zero disruption to employee payroll and benefits, and transferred payslips so employees did not need to download old ones before the switch.

London Stock Exchange Group