January 10, 2019
FTSE Russell and Refinitiv extend fixed income relationship
FTSE Russell and Refinitiv have a long-standing relationship in fixed income data and extension of relationship will provide customers globally with more choice through rich and broad fixed income data sets, analytics and indexes.
London – Refinitiv, formerly the Financial and Risk business of Thomson Reuters, has signed an agreement to broaden the scope of its data sets used within FTSE Russell’s fixed income indexes and analytic tools. The extension of their existing fixed income relationship will combine the quality and expertise of Refinitiv in a wide range of fixed income pricing and terms and conditions asset classes with FTSE Russell’s global expertise in multi-asset indexes and analytics.
This extended relationship will deliver highly attractive benefits to global investors by enhancing FTSE Russell’s ability to offer world-class multi asset investment tools based on consistent, high quality and independent data sets produced by Refinitiv and comes at an exciting time for clients as they look for innovation, quality and choice in fixed income markets.
FTSE Russell’s acquisition, in August 2017, of The Yield Book and Citi Index business substantially enhanced its fixed income offering providing its global customers with a comprehensive fixed income index family, broad and deep fixed income analytics. In 2018, FTSE Russell also assumed 100% ownership of the FTSE TMX Global Debt Capital Markets business.
“We are delighted to announce the extension of our long-standing relationship in fixed income with Refinitiv,” said Waqas Samad, CEO Benchmarks, FTSE Russell. “As FTSE Russell continues to seek to meet increasing client demand for innovation in multi-asset data, index and analytics solutions it is important that we work with strategic partners who are similarly focused on meeting our clients’ needs.
“FTSE Russell has been very impressed with the quality of Refinitiv’s data sets and the expertise of the product analysts with which we have worked to date, Refinitiv has an agile and client-focused approach towards relationships and product innovation and we are excited about working together to enhance and broaden product offerings for our client base globally.”
“FTSE Russell has an exciting vision for the future of multi-asset investment tools and we are delighted to be partnering with them to better serve the market with innovative products that utilise our transparent, accurate and comprehensive fixed income pricing and reference data,” added Stuart Martin, Managing Director, Partnerships Proposition at Refinitiv.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $16 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com
Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community - driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime.
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