GREENWICH, Conn., Feb. 15,
2023 /PRNewswire/ -- Salt Financial today announced a
collaboration with MSCI Inc. (NYSE: MSCI) to create risk-controlled
index solutions for insurance companies. The cooperation is
expected to provide insurance companies and their clients with a
new way to leverage MSCI's 50 years of expertise in investment
research and index construction using Salt's patent-pending truVol®
Risk Control Engine (RCE).
Salt Financial and MSCI Announce Strategic
Collaboration
The use of historical intraday data for volatility forecasting
in truVol is designed to help increase volatility targeting
accuracy and responsiveness for risk control indexes. Combining
MSCI's expertise in the broad spectrum of index construction and
truVol's technology, the parties intend to create highly
differentiated risk control indexes for the indexed annuity
market.
"MSCI is recognized globally as a premier research and index
provider, with vast expertise in many areas across the investment
life cycle. We are excited to collaborate with such a distinguished
firm," said Tony Barchetto, CEO,
Salt Financial.
"This collaboration combines MSCI's industry-leading index
franchise in global equity, factors, ESG and thematics, with Salt's
next-generation risk management solutions using high frequency
data. Our common ambition is to deliver innovative index solutions
designed to address investors' needs and investment targets," said
Stephane Mattatia, Global Head of
Thematic Indexes and Derivatives Licensing at MSCI.
Retirement solutions are in great demand, fueled by an aging
population, volatile and uncertain markets, and investors' desire
for principal-protected products. MSCI will develop index solutions
powered by Salt's truVol RCE aimed at the growing fixed index
annuity market.
About Salt Financial
Salt Financial LLC is a leading provider of index solutions and
risk analytics, powered by the patent-pending truVol® Risk
Control Engine (RCE). We leverage the rich information contained in
intraday prices to better estimate volatility to develop
index-based investment products for insurance carriers, investment
banks, asset managers, and ETF issuers. Salt is committed to
collaborating with industry leaders to empower the pursuit of
financial outperformance for investors worldwide. For more
information, please visit www.saltfinancial.com.
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SOURCE Salt Financial