ICE Approved As Third Country Benchmark Administrator
Intercontinental Exchange, Inc. (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Indices, LLC has been recognized as a third country benchmark administrator under Article 32 of the European Union’s Benchmarks Regulation (BMR). Recognition was granted by the UK’s Financial Conduct Authority (FCA) on May 24, 2019.
“We are strong proponents of a robust governance framework for financial benchmarks,” said Phil Galdi, Head of Indices at ICE Data Services. “We are proud to have been recognized as a third country benchmark administrator by the FCA, and are committed to achieving the highest standards for the indices that we administer.”
ICE Data Indices, LLC and its approved Benchmarks are included in the European Securities and Markets Authority (ESMA) register. Information on ICE Data Indices’ Regulatory and Compliance Framework is available on the Regulation page of its website.
ICE Data Indices’ multi-asset class index solution supports all aspects of the benchmarking and performance measurement process. Dedicated to innovation and flexibility, ICE Data Indices offers a wide range of Benchmarks and customized solutions to address the demands of a changing landscape.
Industries leading this year’s D&I Index Top 100 are banking, investment services & insurance.
The new dataset combines traditional measures, such as EPS estimates, with ESG data and investor sentiment.
With Ankit Mittal, Business Change Manager, Global Trading, Schroders
Social data is more difficult to find as this component is growing in importance to end investors.
The fintech uses data so institutions can assess the environment impact of their portfolios.