The Vienna Stock Exchange AG today announces that it has acquired a stake and is forming a joint-venture with LIMEYARD AG, a global index provider fintech based in Switzerland. Vienna Stock Exchange is thus aiming to expand its recognized CEE index expertise, by offering next-generation global index calculation in the future. LIMEYARD provides both proprietary and non-proprietary indices by combining cutting-edge innovation with state of the art cloud-based technology. This enables it to serve customers faster and more cost-effectively with tailor-made solutions. LIMEYARD significantly boosts the reliability of index calculation versus traditional providers, through its innovative database architecture and high degree of automation. Founded by a team of reputable industry experts, the index provider has offices in New York, Paris, Zurich and now Vienna. The parties agreed not to disclose details and the price of the transaction.
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