Index technology company BITA is leveraging its technology to penetrate the structured products market and offer a one-stop shop in areas such as custom basket and index setup, back testing, BMR administration and post-trade integration.
BITA was launched five years ago by Victor Hugo Gomez (pictured) , a former Deutsche Boerse Group executive in charge of innovation for the market data and indexing department. The indexing industry has always had very high barriers of entry, mainly due to the complexity of the infrastructure required and the very high data costs associated with index maintenance - Victor Hugo Gomez At the time, recalls Gomez, it was becoming clear that while the indexing industry “is extremely at