MSCI: Acquisition Of Compass Financial Technologies To Expand Multi-Asset And Alternative Index Capabilities
By Amit Chowdhry ● Today at 11:55 AM
MSCI announced it has acquired Compass Financial Technologies, an index services provider, to strengthen its index calculation capabilities across alternative and multi-asset classes, including commodities and cryptocurrencies. The acquisition expands MSCI’s ability to develop sophisticated, customized index strategies as investor demand for diversified benchmarks spanning multiple asset classes grows. By integrating Compass’ technology platform and expertise, MSCI will be able to create, calculate, and customize complex indexes that combine global equities, fixed income, commodities, digital assets, currencies, and derivatives.