Zurich-based Stoxx has launched a new index brand, called Omnient, to offer custom indices based on its existing universe.

Matteo Andreetto, chief executive officer, Stoxx.

Matteo Andreetto, CEO of Stoxx, commented, “Stoxx has become a global house of leading brands in the indexing business over the last 20 years. In our twentieth year, it is only fitting that we keep pursuing new goals in the service of the market and our clients while applying advanced technologies to indexing.

“Omnient addresses a clear need for solutions of low-to-medium complexity, differentiated from our premium brands. With Omnient, we will use our existing universe as building blocks and speed up the response to clients’ requests for these types of pre-defined solutions.”

The indexing firm, which has grown its presence in recent years as a leading provider of indices to the ETF industry, has also enhanced its capabilities in the white-label space to offer clients fully customized concepts in their own brand at high speed.

These solutions will be backed by Stoxx and Deutsche Börse systems and infrastructure, with the client acting as administrator.

Other players in the custom indices and calculation agent space include indexing giants FTSE Russell and S&P Dow Jones Indices as well as smaller players such as Solactive and Indxx.