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Technology & Data

ISS Acquires Qontigo’s Index Business to Create ISS STOXX

Corporate governance and responsible investment solutions provider Institutional Shareholder Services (ISS) has completed its transaction to incorporate Qontigo’s index business into the newly formed ISS STOXX. Under the ISS STOXX umbrella, the STOXX index businesses, which encompass STOXX and DAX indices, will be integrated with ISS’ four existing business lines: ISS Governance, ISS ESG, ISS Corporate Solutions, and ISS Market Intelligence. ISS STOXX CEO Gary Retelny said: “As we continue to expand our core offerings, STOXX will provide an additional pillar to accelerate the growth of our company through increased scale and diversified opportunities. We will now also be positioned to provide clients greater and more innovative insights for portfolio construction, passive and custom index creation, and portfolio tracking as part of an integrated solution set.” With the majority ownership held by Deutsche Börse Group, ISS STOXX will now consist of over 3,400 professionals operating across 33 global locations in 19 countries. 

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