MSCI Inc. (NYSE: MSCI), one of the leading companies in the world in the investment sector that develops services and tools to support critical decision-making processes, has completed the acquisition of Foxberry, a London-based company that develops “front office” index technology for investors.
“This acquisition marks the opening of new pathways to index innovation and more client centric solutions,” said Jana Haines, Head of Index, MSCI.
“We look forward to the next phase of our journey, focused on our commitment to developing and enhancing our customized portfolio solutions for investors globally”.
The acquisition was originally announced on February 7, 2024.
Foxberry offers solutions for sustainability, analytics, and index creation.
The acquisition is expected to open new pathways to index innovation and more client-centric solutions. Foxberry’s platform, foxf9, is recognized for its capabilities in ETF and product issuers, prioritizing better tools for robust index construction and optimized feedback loops during the R&D process.