SOLACTIVE YEAR IN REVIEW
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ESG (ENVIRONMENTAL SOCIAL GOVERNANCE)
In 2021, Solactive became a founding member of the Net Zero Financial Service Provider Alliance (NZFSPA) to support the UN’s Race To Zero.
We also conducted our first assessment of Solactive’s greenhouse gas emissions to report to the Carbon Disclosure Project (CDP) and meet customer requirements for our ESG transparency.
We saw a lot of demand for Solactive EU Paris-Aligned Benchmarks with several product launches. To mention a few, at the beginning of the year, Tabula Investment Management issued the world’s first Paris-Aligned bond ETF, the first passive PAB offering for conscious fixed-income investors, tracking the Solactive ISS Paris Aligned Select Euro Corporate IG Index.
Also, Amundi, Europe’s largest asset manager, decided to round out its formerly equity-based PAB ETF line-up with a fixed income variant, licensing the Solactive iCPR Climate Credit Paris-aligned Benchmark. Another example is the Swedish asset manager Handelsbanken, who switched € 12.5bn capital from existing equity funds to Solactive PAB benchmarks.
Solactive launched the Solactive Climate Change Europe BTI Index, available through Barclays’ products. The index is part of a series of Solactive temperature-aligned indices using unique scientific data by our partner right. based on science, and aims at opportunities arising from the move to a lower-carbon economy.
Our partner Minerva launched the first of its kind, award-winning split voting technology solution "VotePlus" with DWS and AMX. Spark Change, also our partner, launched the world’s first physically-backed carbon exchange-traded commodity (ETC). The instrument is available to our global client base for use in Solactive indices combining climate index strategies with a carbon allowance overlay for a high-quality, regulated offset of the index's financed emissions, allowing clients to achieve net-zero now.
Berlin Teams are about to move into their new permanent office after having spent one year and a half in a shared office and having a lot of remote work. The new premise is almost twice as large, with a lot of spaces for creative teamwork, project spaces, and, of course, occasional after-work dart tournaments.
A lot of progress was made on the extendibility and further scalability of our indexing platform and on the automation of workflows for our index management teams.
Major Aotearoa New Zealand asset manager Kiwi Wealth collaborated with Solactive to create a bespoke benchmark aligned with the asset manager’s own sustainability principles. It is currently used as an active benchmark for around USD 3bn, passively being tracked in the new Kiwi Wealth KiwiSaver Default Fund.
The first client in the country, leading financial service company Sygnia released the Sygnia Itrix Solactive Healthcare 150 ETF, tracking the Solactive Developed Markets Healthcare 150 Index.
Cathay Securities launched the first Taiwanese ETF tracking a Solactive Index, with pioneer companies in the development of innovative medication. Sinopac and First have also received regulatory approvals and will list ETFs next year.
Solactive entered the Japanese market with its ETF services business, providing iNAV calculation and daily portfolio composition files for eight thematic ETFs. Additionally, Global X Japan launched three thematic ETFs tracking Solactive indices in digital innovation, games & animation, and leisure & entertainment. Recently, a feeder fund was launched by SBI AM, feeding into Lyxor Gender Equality ETF in Europe, which tracks a Solactive index.
We witnessed some record-breaking ETFs by Mirae TIGER tracking Solactive indices, such as the Mirae Asset TIGER China Electric Vehicle SOLACTIVE ETF, which was the first foreign equity ETF listed on KRX hitting the KRW 1tn mark – now standing at KRW 3.1tn (around USD 2.6bn ).
Last year ended with a growth equity investment from Summit Partners as an external shareholder and partner.
Later on, Solactive has joined AXA Investment Managers, Natixis IM and its affiliate Mirova, and Sienna Investment Managers as joint shareholders in Iceberg Data Lab, an innovative provider of climate and biodiversity data.
And right before the end of the year, we are proud to welcome Global Property Research (GPR), an index provider specialized in global listed property and infrastructure indices, and its team as part of the Solactive family.
After months of working from home, we could gradually go back to the office respecting all safety measures. We even overcame the cold temperatures of Frankfurt and gathered, with social distance, to our first open-air barbecue on a lovely Thursday.
At the moment, due to the strengthening of Covid restrictions, we are back working from home. However, we could recently get together on the screen to enjoy our second virtual Christmas Party, with lots of online activities and interaction among the teams.
Alexander Steiner was appointed as the new Chief Information Officer to expand Solactive’s proprietary indexing platform and IT infrastructure.
Steiner comments: "I am delighted to have joined Solactive and to be part of its growing future, connecting its business activities with a scalable and agile IT backbone that also acts as a business driver. As far as I am concerned, business development goes hand in hand with growth and investment in IT infrastructure, which will enable new client-focusing projects such as AI-based data intelligence products while maintaining a reliable indexing calculation platform."
Our HR team ran several programs in the field of learning and development. We announced our first trainee program, which was successfully completed at the end of September. All four trainees are committed to continuing their careers with us now. We commenced the second round of our trainee program, with five graduates back in October this year.
We have started to host Biz, Tech, and Personal Talks series on a regular basis and to offer leadership development training for our team leaders. Similarly, we held internal interview training sessions for our staff to further optimize our recruiting process.
We participated in three career fairs and four other presentations at various universities and stock exchange associations.
In 2021 our Dresden office continued the progress of growing together, upgrading the Solactive server and infrastructure and starting the project migration from an external server to our own infrastructure.
In the Summer, the Dresden office merged forces with the DSO (Data Solutions) team located in Frankfurt. Together they rebuilt and improved our core services.
A LESSER KNOWN ETF INDEXER SHINES
ETF: LES INDICES, NOUVEL OU NOIR
SOLACTIVE: DER DEUTSCHE INDEX INGENIEUR
private banking magazine
SO WICHTIG IST DIE INDEXLOGIK BEI NACHHALTIGKEITS-ETFS
private banking magazine
As of November 14, 2021
OFFICES IN FRANKFURT, BERLIN, DRESDEN, HONG KONG,
AND TORONTO, COVERING DIFFERENT TIME ZONES.
APPLIED IN 2021
PER SECOND AT PEAK TIMES
EMPLOYEES AND SOME OF THEIR
FAMILY MEMBERS GOT APPOINTMENTS
FOR VACCINATION WITH US THIS SUMMER
A SPECIAL THANK YOU
TO EVERYONEWHO CONTRIBUTED
TO THE FIGHT AGAINST THE VIRUS.
BY 260 EMPLOYEES
A big thank you for all the faces that are part of Solactive.
Solactive is a leading provider of indexing, benchmarking, and calculation solutions for the global investment and trading community. Headquartered in Frankfurt, and, with offices in Hong Kong, Toronto, Berlin, and Dresden, we innovate and disrupt the status quo as the partner of choice for our clients.
The unique blend of our 250 staff’s expertise in data, data science, financial markets, and technology enables our clients’ continued success through the delivery of a superior experience, unique customization capabilities, and the best value for money available in the industry. With more than 18,000 indices calculated daily, we offer a full suite of solutions, including market-leading ESG and thematic indices.
As at April 2020, Solactive served approximately 450 clients across the world, with approximately US$200 billion invested in products linked to our indices. Solactive is registered with ESMA as a benchmark administrator and is supervised by the BaFin.
SOLACTIVE 2021 - YEAR IN REVIEW © ALL RIGHTS RESERVED
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