ICE Data Services Named Market Data Vendor of the Year in Asia Pacific Region by Asia Risk

Rhea-AI Summary

Intercontinental Exchange (NYSE: ICE) has been named Market Data Vendor of the Year in the Asia Pacific region by Asia Risk. This accolade highlights ICE's robust growth in indices, sustainable finance data, and global network offerings. Significant developments include an increase in assets under management for ETFs linked to ICE indices, which have nearly quadrupled from 2018 to 2021, totaling approximately $15.7 billion in Taiwan alone. ICE continues to enhance its services, positioning itself as a key player in Asia's evolving markets.

Positive

• ICE Data Services named Market Data Vendor of the Year by Asia Risk.
• Assets under management for ETFs tracking ICE indices in Asia increased significantly, reaching approximately $15.7 billion in Taiwan.
• ICE expanded its sustainable finance offerings, launching governance policy scores for U.S. municipal bonds.
• ICE Consolidated Feed offerings were enhanced with new plug-and-play connectivity.
• ICE Global Network introduced a global procurement solution for end-to-end services.

Negative

• None.

Reflects Strong Growth in ICE’s Indices, Sustainable Finance Data and ICE Global Network Offerings in Asia

ATLANTA--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Asia Risk has selected ICE Data Services as Market Data Vendor of the Year in the Asia Pacific region. This award comes after significant enhancements to ICE’s indices, sustainable finance data and ICE Global Network offerings in Asia.

“Asia remains a key area of focus for us. We are pleased to see that our early investments are delivering meaningful results for our customers,” said Amanda Hindlian, President of Fixed Income and Data Services at ICE. “This award underscores the tremendous progress we’ve made throughout the region as clients leverage our data to garner greater transparency as they invest and manage risk in evolving markets.”

ICE offers a broad range of data and analytics, indices and global networking services for market participants throughout Asia. Some of the recent updates in the region include:

• ICE’s index business has experienced tremendous growth in the Asia Pacific region, with assets under management (AUM) for ETFs listed on Asian exchanges tracking ICE’s indices nearly quadrupling between 2018 and the end of 2021. In Taiwan alone, there are now 43 ETFs benchmarked to ICE indices, representing approximately $15.7 billion in AUM.
• ICE continues to expand its sustainable finance offering and recently launched governance policy scores for U.S. municipal bonds and enhanced details for the company’s impact bond data, including use of proceeds and pre- and post-issuance details. Expanded ESG and carbon emission coverage for additional Asian corporates and sovereign entities is planned this quarter.
• ICE recently expanded its Consolidated Feed offerings in the region with the launch of plug-and-play connectivity to managed data feeds in Taiwan. This new service leverages the ICE Consolidated Feed, which aggregates cross-asset content from over 600 global sources, including exchanges and over-the-counter venues.
• ICE Global Network recently launched a global procurement and managed services solution that will provide customers with end-to-end hosting, hardware procurement, management and support through one single ICE Global Network solution. Additional updates to ICE Global Network’s capabilities, including cloud offerings, are planned this quarter.

“As we continue to talk with customers throughout the region, we remain focused on providing the services they need to build their businesses and execute their strategies,” said Magnus Cattan, Head of ICE Fixed Income and Data Services in APAC. “Our deep combined experience in both markets and data uniquely positions us to deliver mission-critical data and analytics solutions that our customers need.”

The Asia Risk Awards are one of the most prestigious awards for firms and individuals involved in Asia's derivatives markets and in risk management. The Asia Risk Awards recognize solutions providers that serve financial services firms in meaningful and innovative ways.

ICE Data Services offers end-to-end solutions for information, analytics, index services and connectivity with a range of proprietary data tools for global markets across fixed income, equities, commodities, FX and options. For more information about ICE Data Services, please visit: https://www.theice.com/data.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. FactSet® is a trademark of FactSet Research Systems, Inc. Other products, services, or company names mentioned herein are the property of, and may be the service mark or trademark of, their respective owners. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2021, as filed with the SEC on February 3, 2022.

Category: Fixed Income and Data Services

SOURCE: Intercontinental Exchange

ICE-CORP

View source version on businesswire.com: https://www.businesswire.com/news/home/20221012005270/en/

ICE Media Contact:

Damon Leavell

damon.leavell@ice.com

(212) 323-8587

media@ice.com

ICE Investor Contact:

Katia Gonzalez

katia.gonzalez@ice.com

(678) 981-3882

investors@ice.com

Source: Intercontinental Exchange

FAQ

What recent award did ICE receive in Asia?

ICE was awarded Market Data Vendor of the Year by Asia Risk in the Asia Pacific region.

What is the growth in ETF assets managed by ICE in Asia?

Assets under management for ETFs linked to ICE indices nearly quadrupled, amounting to approximately $15.7 billion in Taiwan.

How is ICE enhancing its sustainable finance offerings?

ICE recently launched governance policy scores for U.S. municipal bonds and expanded ESG coverage for Asian corporates.

What new services has ICE introduced in Asia?

ICE has launched plug-and-play connectivity for its Consolidated Feed and a global procurement solution through its Global Network.