LAUSANNE, Switzerland – November 9, 2022
Compass Financial Technologies, a Swiss and French based EU-regulated index provider, is providing single digital asset indexes to support the launch of a suite of blended digital asset indexes by MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community.
Compass has been a market leader in providing crypto index engineering since 2018 by first launching EU benchmark regulated reference rate indexes for financial product issuers. Since then, Compass has steadily expanded its scope towards more sophisticated and bespoke indexes to meet the demand of institutional clients. Compass created the single-digital-asset indexes that are the foundational building blocks for MSCI’s new blended indexes.
Active in the financial index industry for more than 20 years, the Compass team has applied its expertise on digital assets over more than 4 years. The Compass team similarly produced sophisticated institutional commodity products in the 2000s and is now seeing a similar demand play out for crypto indexes.
Guillaume Le Fur, CEO at Compass, said: “We are very proud to collaborate with MSCI on their first suite of digital assets indexes. This is a major step in the recognition of Compass Financial Technologies expertise on this new promising asset class.”
Stephane Mattatia, Head of Thematic Indexes at MSCI, said: “MSCI is pleased to work with Compass, and to provide solutions that help investors to participate in the burgeoning digital asset sector of the economy. The digital-asset ecosystem is evolving rapidly along with investor demand for such solutions to help navigate this new asset class. Global investors are looking for greater transparency and insight into digital asset markets and how best to participate in them in a manner that meets their high standards for professionalism, scale, risk management, and security.”