Solactive wins Best Index Provider and Best Smart Beta Index Provider at the 15th Europe Structured Products & Derivatives Awards
Solactive strikes twice at the 15th Europe Structured Products & Derivatives Awards
The 2018 SRP Europe Structured Products & Derivatives Awards, designed to recognize the best businesses in the structured products industry, have awarded Solactive first place in the two categories dedicated to third party index providers. These awards are Best Index Provider and Best Smart Beta Index Provider.
This double win marks an important achievement for Solactive. The winners were chosen based on votes received in a market survey and a judging panel, which evaluated the company’s performance against four criteria: product innovation, price competitiveness, understanding of client’s needs, and customer satisfaction.
This is the second year in a row that Solactive is rewarded by Structured Retail Products. In occasion of the Europe Structured Products & Derivatives Awards in 2017, Solactive won in the category Smart Beta Strategy of the Year for the Solactive Sustainable Development Goals World Index.
Steffen Scheuble, CEO of Solactive, commented: “It is an honor to receive these prestigious awards, especially considering the industry in which we are competing, traditionally dominated by a few established big firms. In ten years’ time, we have managed to turn our small index shop into a leading provider of index services and differentiating ourselves for our strong focus on IT. These awards mean a lot to us and I want to thank everyone that has contributed and made this possible.”
2018 has started well for Solactive, with about 50% of the global January ETF launches relying on its services, as either creator, calculator, or administrator of the underlying index. The company is working on multiple fronts to expand its current offering of services and increasingly respond to clients’ specific needs. The aim is to continue offering the full value chain, from creation, calculation and maintenance of the index, to the delivery of supporting services, such as ETF services, state-of-the-art index research, factsheet generation and other reporting documentation.