FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that Euronext and FactSet plan to develop a new series of thematic indices targeting pan-European markets.
The two companies will use the strengths of Euronext, which designs, calculates, and publishes over 1,000 indices of all sizes and profile, including over 100 ESG indices and 6 major national indices in Europe: AEX®, BEL 20®, CAC 40®, ISEQ 20®, OBX® and PSI 20®, alongside FactSet’s leading sector and industry classifications to create new indices that tap into transformative trends impacting societies, businesses, and the global economy.
Euronext and FactSet will initially collaborate to create indices based on the following themes:
Fabrice Rahmouni, Head of Indices at Euronext, said: “Through this collaboration with FactSet, Euronext will further leverage the power of its diverse range of data sets, strengthen its index solution offering, and reinforce its leadership in financial data and analytics.”
Jeremy Zhou, Head of Index Solutions at FactSet, said: “Clients’ interest in thematic indices has risen significantly in recent years due to their ability to capture megatrends with more targeted, systematic, and transparent methodologies and data. FactSet’s differentiated sector and industry classifications are well-positioned to support the further expansion of this important index category. We are excited to collaborate with Euronext and look forward to delivering more index innovations to the investment community.”
Euronext and FactSet are working on further cooperation for index creation based on discussions with market participants and will make further announcements upon official launches.
To learn more about FactSet’s Index Solutions, visit: https://www.factset.com/services/indexing
For more information on Euronext’s indices, visit: https://live.euronext.com/en/products/indices
About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help approximately 180,000 users see and seize opportunities sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions, with the distinction of having been recently added to the S&P 500, and repeatedly scored 100 by the Human Rights Campaign® Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset.
About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed equity issuers and around €5.8 trillion in market capitalisation as of end June 2022, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
For the latest news, go to euronext.com or follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).
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FactSet
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