STOXX Introduces New Multi-Dimensional System for High-Speed Solutions

Matteo Andreetto, CEO of STOXX
Matteo Andreetto, CEO of STOXX

STOXX Ltd, a leading global index specialist that provides innovative and tradable index concepts serving across all asset class and the operator of Deutsche Börse Group’s index business has rolled out a new multi-dimensional offering for high-speed solutions.

STOXX is launching an index calculation service to the wider market to address growing demand. It will also launch a new index brand, Omnient –, that will offer custom indices based on its existing index universe. The Omnient brand will provide quality assurance and ensure operational reliability for the management of Omnient indices. STOXX will also serve as a benchmark administrator for the respective regulations that apply to the development and expansion of indices globally.

STOXX  also enhanced its capabilities in the white label space that allows clients to customize concepts within their own brand at a high speed. The services will be backed by STOXX and Deutsche Börse systems and infrastructure while clients keeping the administrator role.

STOXXMatteo Andreetto, CEO of STOXX said: “STOXX has become a global house of leading brands in the indexing business over the last 20 years. In our 20th year, it is only fitting that we keep pursuing new goals in the service of the market and our clients while applying advanced technologies to indexing. Omnient addresses a clear need for solutions of low-to-medium complexity, differentiated from our premium brands. With Omnient, we will use our existing universe as building blocks and speed up the response to clients’ requests for these types of pre-defined solutions.”