16 July 2018
Register today

IHS Markit to provide benchmarking service for Nordea Danish Bond Indices

13 April 2018  |  4362 views  |  0 Source: IHS Markit

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that it has been appointed as the independent benchmark administrator for Danish bond indices from Nordea Bank, the largest financial services group in the Nordic region.

Nordea Bank will use IHS Markit Index Administration Services for its benchmark calculations, methodologies, periodic auditing and data distribution on indices referencing Danish government and mortgage bonds.

“Nordea Bank is highly-regarded for the breadth and quality of its indices, which are extensively used by global investors to gain exposure to Nordic markets,” said Mark Schaedel, managing director, Index Services at IHS Markit. “We are proud to serve as the independent benchmark administrator for the firm’s Danish bond indices. We believe that independent administration is a best practice and will become industry convention. Our independent solution combines regulatory compliance with deep multi-asset class expertise to support the diverse needs of our clients.”

In Europe, index benchmark providers must adhere to new registration and data management requirements under the European Union Benchmarks Regulation, which went into effect in January 2018.

To help firms comply with these requirements, IHS Markit Index Administration Services provides objective calculations and independent support for the design, maintenance and distribution of indices referencing fixed income assets, currencies, equities and commodities.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://secure.vasco.comVisit http://go.jumio.com/finextraAdVisit info.nice.com

Who is commenting?

Suresh K Suresh K Commented on: I am the password
A Finextra member Finextra Member Commented on: Mastercard enlists Wor...
A Finextra member Finextra Member Commented on: Mastercard enlists Wor...
A Finextra member Finextra Member Commented on: Mastercard enlists Wor...

Top topics

Most viewed Most shared
Handelsbanken trials micro contactless cardsHandelsbanken trials micro contactless car...
9751 views comments | 18 tweets | 30 linkedin
Championing financial inclusion and helping the UnstoppablesChampioning financial inclusion and helpin...
8307 views comments | 3 tweets | 1 linkedin
PayPal ready to spend $3bn a year on acquisitionsPayPal ready to spend $3bn a year on acqui...
8206 views comments | 13 tweets | 17 linkedin
No greater change will occur than that in financial servicesNo greater change will occur than that in...
7781 views comments | 7 tweets | 13 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
7656 views comments | 6 tweets | 14 linkedin

Featured job

Find your next job