Financial benchmarking

Our record in end-to-end benchmark administration is proven. With a robust regulatory framework and ironclad infrastructure, we are uniquely positioned to provide benchmarks built with integrity, transparency and trust.

Where we provide services in connection with benchmark administration, we do so in a manner that is aligned with the International Organisation of Securities Commissions (IOSCO) principles.

We designate RBSL as the administrator of regulated benchmarks, which is approved by the FCA as an authorized administrator under the UK Benchmark Regulation.

Our culture is committed to integrity.

We are a recognized leader in efforts across the financial industry to re-establish and restore confidence in benchmark rates. We have gained a reputation in the benchmarking business which has resulted in regulators soliciting our input for reform work under way.

• Secure, auditable and accurate collection, calculation and distribution of benchmarks based on contributions, such as Interbank offered rates, or trade based benchmarks, on behalf of administrators
• Scrutiny and surveillance of inputs and outputs
• Governance and administration of benchmarks
• Secure storage of all inputs, outputs and communications (both electronic and voice) connected with benchmark calculation for later audit
• A range of models for the implementation and administration of fee liability for benchmark data
• Consultancy services on all the above and on the design of new benchmarks and reform of existing benchmarks align with the IOSCO principles. We continue to carry out our commitment to ensure the RBSL benchmarks are compliant with the UK Benchmark Regulation.

The breadth and depth of our benchmark portfolio is unmatched, spanning all major asset classes and regions worldwide.

Refinitiv is the administrator of more than 30 key rates. We also calculate about 50 rates and publish more than 300 OTC benchmarks.