What We Do
Compass is ready to help you succeed in the index industry
A recognized expertise in index design
Compass’s founding partners have a thorough and proven background in designing, implementing and managing rule-based investment strategies. For more than 20 years, our team has developed a set of recognized benchmarks ranging from simple vanilla indices to complex index strategies based on quantitative models and market intelligence.
Compass manages, calculates and develops several hundred indices for numerous asset classes: commodities, real estate, interest rates and digital assets. Several billion dollars are invested in indices calculated by Compass.
As your partner, we’ll help you transform your idea into a successful index
- Capacity to backtest any rule-based strategy
- Index administration services within a BMR framework
- Index calculation and dissemination services
- Establishment of successful relationships with swaps and ETF providers
- Promotion of index to investors
Robustness through a multi-site contribution
Compass has developed a robust and reliable contribution infrastructure based on multi-sites IT architecture.
Index calculation and contribution are generated from three independent sites located in three different countries. Two sites are active while one acts as backup.
Each site respects the most restrictive constraints in terms of business continuity plan (internal server backup, market data access redundancy, power redundancy, etc.).
A deep knowledge of index contribution
Compass provides clients with a range of index calculation services. As an independent index calculation agent, our services include maintenance, calculation, and distribution for indices across all asset classes.
A team dedicated to your needs
If requested, Compass’s team will be happy to advise you on new index rules. We are especially equipped to provide advice regarding the EU Benchmarks Regulation ("EU BMR").
Compass has a proven record of being an exceptionally responsive index calculation agent. Whether it’s an index computation concern or client request, issues are normally solved within an hour after they are raised.
Our index calculation infrastructure is designed to calculate and publish any strategy based on systematic rules. Additionally, we offer architecture that makes it possible to manage “advised” indices.
End of day and real-time computation
The resilience of our computation and dissemination infrastructure not only provides a safe environment for end of day computation and publication prices, but also for real-time prices. Our ability to safely and effectively manage the frequency of publication gives us the capacity to manage index publication or any real-time frequency constraints index publication.
Your index can be disseminated on Bloomberg, Reuters, dedicated websites, or any other data providers according to your needs.
Customized reports for clients
In addition to our usual reports, our team can work with you to develop the appropriate report required to audit index computation. These reports may be accessed/downloaded via email or FTP sites. We can also implement dedicated API end-points.
As a BMR index administrator, Compass maintains strong regulatory credentials extending across all its services. Over the years, Compass has developed an internal BMR-compliant framework based on strong operational processes. We offer outsourcing of our client’s index administration according to these regulations. The client can in turn focus on the index research and design. Separating the administrator function also avoids conflict of interest or index changes that are not compliant with BMR rules.
Our team of quantitative analysts and developers are here to support the development of your projects. With decades of experience in quantitative finance, our engineers will guide you through a number of areas, ranging from strategy backtesting to the development of pricing tools and customized quantitative indicators. Our flexible architecture allows us to use a wide array of data providers. We develop our solutions in Python, R and C#.