Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

FTSE Group Forges Alliance With Northfield

Date 14/10/2004

Global index provider FTSE Group, announces today that it has formed an alliance with risk management systems and solutions provider, Northfield Information Systems Inc. to produce customised risk models linked to a range of FTSE indices.

From today, the following suite of FTSE tuned Northfield risk models will be available directly from Northfield:

  • FTSE/Northfield Global Equity Model, based on FTSE All-World Index
  • FTSE/Northfield UK Equity Model, based on FTSE All-Share Index
  • FTSE/Northfield European Equity Model, based on FTSEurofirst 300 Index
  • FTSE/Northfield China Equity Model, based on FTSE/Xinhua A 600 Index
The models will also be available from Northfield distributors.

Commenting on the new arrangement, Mark Makepeace, FTSE Group Chief Executive said, “The new FTSE/Northfield products give our clients a wider choice of portfolio optimization and risk management models, already aligned to FTSE indices. I am delighted that Northfield has joined the growing number of vendors providing services linked directly to FTSE indices. All FTSE users will welcome these new products.”

Dan diBartolomeo, Northfield President states, “We are very pleased to join forces with FTSE. The combination of FTSE data and distribution capability with Northfield’s risk modelling experience and systems offers a powerful resource to better serve the needs of global investors.”