The Vienna Stock Exchange is using new index calculation technology, further enhancing the quality of its market infrastructure. The new "Vienna Index Engine" (VIE) was developed together with the German software and consulting company msgGillardon. The use of a high-performance open source streaming platform (Apache Kafka) increases capacity by a factor of ten. Benchmarks like ATX, CECE, RDX & Co benefit from an even higher processing speed and stability. In the future, the calculation of new index types and additional asset classes, as well as longer calculation times (24/7), will be possible. This will allow Wiener Börse's index offering to be further developed for customers in a tailor-made way.
"Wiener Börse has built up a strong reputation in index calculation over the last three decades. With the use of this new technology, we will become faster and even more flexible. We welcome our customers to actively approach us for the implementation of innovative index and product ideas – also beyond the field of equity," says Martin Wenzl, Head of Listing & Indices Department.
Over 140 globally active financial institutions, including BlackRock, BNP Paribas, EUREX, Morgan Stanley, Raiffeisen and UniCredit, rely on the indices of Wiener Börse as the basis for their products. When calculating their ETFs, derivatives or certificates, they rely on high mathematical precision, regulatory compliance and real-time price information. Currently, Wiener Börse calculates more than 150 tradable indices based on countries, sectors, regions with a focus on Austria, CEE and Russia, as well as different investment themes and styles.