Solactive labeled Index Provider of the Year – 2019 by ETF.com
The annual award presentation of industry voice ETF.com reserved the highest decoration for Solactive. The German FinTech received the Index Provider of the Year – 2019 Award for its leading achievements and contributions to the Indexing and ETF industry. The award is the latest addition to Solactive’s collection of numerous accolades piling up throughout the years, marking it the second time for the company to win the highest decoration for Index providers for reshaping and disrupting the indexing business.
“Receiving the ETF.com award for Index Provider of the Year, shows us that the journey we are taking is leading in the right way,” comments Steffen Scheuble, CEO of Solactive. “It will inspire us to roll up our sleeves further to deliver our clients and business partners the best indexing experience.”
In addition to receiving the award of Index Provider of the Year, Solactive proudly contended for the Index of the Year – 2019 category, with the Solactive Genomics Index being among the finalists. This thematic index tracks companies that are pioneers in Genomics by utilizing Solactive’s proprietary Natural Language Processing algorithm ARTIS®, which uses advanced algorithms to parse high volumes of public documents evaluating companies’ relevance to various themes or topics.
Each year, leading financial news outlet ETF.com honors the greatest achievements by ETF issuers and service providers. “In its dozen or so years of existence, the firm [Solactive] has steadily worked its way into the fabric of the global ETF industry, not to mention other financial vehicles like structured products,” writes the magazine about Solactive’s victory.
Scheuble adds: “We thank all our clients and business partners for their continuous support, especially in these turbulent times we are in right now. We are looking forward to an exciting year 2020, aiming to become the defender of the title in next year’s ETF.com awards. Also, I am very grateful to work with a great and hardworking team at Solactive, which did an outstanding job to achieve this milestone.”