S&P Takes On Smith Barney's Indexes

ORGANIZATION & STRATEGY

Standard & Poor's (S&P) is taking over the calculation and maintenance of Citigroup's Smith Barney global benchmark index business, formerly known as SSB Global Equity Index System, it was announced last week. The deal will allow S&P to expand its custom index service.

The addition of Smith Barney's database gives S&P access to a larger pool of resources, says Paul Aaronson, executive managing director at the vendor. "The real attraction to us is the access to Smith Barney's database of over

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