- FTSE Russell and Refinitiv have a long-standing relationship in fixed income data
- Extension of relationship will provide customers globally with more choice through rich and broad fixed income data sets, analytics and indexes
FTSE Russell today announce that, following a detailed supplier review, they have agreed to broaden the scope of Refinitiv’s 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.
- Refinitiv, formerly the Financial and Risk business of Thomson Reuters, is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It has invested significantly in the quality and breadth of its fixed income data in recent years.
Waqas Samad, CEO Benchmarks, FTSE Russell said:
“We are delighted to announce the extension of our long-standing relationship in fixed income with Refinitiv. 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.”
Stuart Martin, Managing Director, Partnerships Proposition at Refinitiv, said:
“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.”
Lucie Holloway: +44 (0)20 7797 1222
Tim Benedict: +1 917 582 0641
FTSE Russell is a leading global provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. More than $15 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 investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management.
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 index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by the London Stock Exchange Group.
For more information, visit www.ftserussell.com.
© 2019 London Stock Exchange Group plc and its applicable group undertakings (the “LSE Group”). The LSE Group includes (1) FTSE International Limited (“FTSE”), (2) Frank Russell Company (“Russell”), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, “FTSE Canada”), (4) MTSNext Limited (“MTSNext”), (5) Mergent, Inc. (“Mergent”), (6) FTSE Fixed Income LLC (“FTSE FI”) and (7) The Yield Book Inc. (“YB”). All rights reserved.
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