FactSet Launches FinTech Index
The FactSet Global FinTech Index is designed to provide an equity benchmark for investors to measure and track the performance of companies engaged in financial technology.
Launched on Monday, Jan. 9, the FactSet Global FinTech Index will focus on companies that specialize in data and analytics, software and consulting, data and analytics, digital payment processing and transfer, and payment-related hardware.
The index is equal-weighted and is calculated in both price and total return versions available in US dollars. The base date is January 5, 2011 with a base value of 100. The index is rebalanced semi-annually in January and July.
FactSet has licensed the index
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