London Stock Exchange Group (LSEG) has agreed to acquire Global Data Consortium Inc., a provider of identity verification data.

GDC’s services are currently used within the LSEG Customer and Third-Party Risk business to provide global digital identity verification to clients. Upon the closing of the deal, GDC will be part of LSEG’s Data & Analytics division.

Andrea Remyn Stone, group head of data & analytics at LSEG said, “Adding GDC to the suite of digital identity solutions within our Data & Analytics division, will enable us to continue to expand our capabilities in this high growth segment, through both direct sales and channel partnerships.”