Vermiculus Financial Technology has expanded its portfolio of cloud-native market infrastructure systems for trading, clearing, post-trade processing, and CSD operations by launching VeriIndex, a real-time index engine.
It enables exchanges and marketplaces to launch, manage, and expand index offerings based on their own markets. The solution provides index operators with the speed to introduce new indices and the flexibility to expand into new asset classes.
“For index operators, control matters as much as speed. VeriIndex gives them direct control of day-to-day index operations, the ability to test changes before they go live, and a platform that can grow with their index offering,” says Fredrik Ohlsson, senior index specialist at Vermiculus.
Verlindex index engine
The Vermiculus index engine integrates index calculation, corporate-action processing, and approved index changes into a single system.
Key capabilities include:
- Real-time calculation: The index calculator continuously computes and publishes index values based on live market activity, distributed through standardised export interfaces.
- Next-business-day simulation: Operators can preview and adjust the impact of scheduled corporate and index actions before changes take effect.
- Extensible framework: Configurable index administration supports new calculation and adjustment methodologies, instrument coverage, and pricing capabilities.
“The index market is evolving rapidly. Demand is moving beyond traditional flagship indices towards a much broader range of specialised index products, fueled by new investment products, emerging asset classes such as prediction markets, tokenised assets and perpetuals, and changing market needs. VeriIndex is our answer to that shift. Combined with our modular technology and unique delivery model, it allows us to respond quickly to market changes and turn new needs into new solutions,” said Henrik Rouet-Leduc, deputy CEO of Vermiculus.
