FORT MILL, SC – September 22, 2008 – Mergent, Inc., a leading global financial information provider, today announced the launch of a new investment index services business, Indxis. The new business will incorporate the existing Mergent Index Services unit and the London-based Kinetic Information Systems Services.
Indxis offers the full complement of index services, including index creation, licensing, calculation, administration, dissemination and technology services. This unique one-stop shop model — dubbed ‘Index Engineering’ by the Indxis team — allows companies to have one provider who handles all aspects of their index business.
Indxis is the product of the intense focus and passion of our index team, says Jonathan Worrall, Mergent CEO. We have an outstanding team of professionals who not only have the experience and knowledge to grow this business, they’re also passionate about bringing the concept of ‘Index Engineering’ to the market. We are truly excited to make our presence felt in the index market with Indxis.
Indxis already has a strong client list, including bellwether financial companies such as BlackRock, PowerShares, Vanguard, Standard & Poor’s and FTSE. Indxis-licensed investment products have over $3 billion in assets, and are offered by major financial firms worldwide. Indxis technology is the chosen calculation platform of some of the world’s largest index providers.
More information about Indxis may be obtained at www.indxis.com.