VeriIndex | Index Engine

Launch, Manage, and Grow Your Index Business

Creating and maintaining indices requires more than a calculation engine. As markets evolve and demand for new index products grows, exchanges and marketplaces need efficient and scalable index operations.

VeriIndex, the Vermiculus index engine, helps exchanges build and grow an index offering around their own market. Combining index creation, real-time calculation, corporate-action processing, and distribution in a single scalable index system, the index engine streamlines daily operations while giving operators full control over their indices.

Designed for exchange-operated indices, this real-time, high-performance index engine combines support for price-return and total-return equity indices with a flexible architecture. Instrument coverage, pricing logic, and calculation and adjustment methodologies can be extended to meet market-specific requirements, providing a scalable foundation for expanding an exchange's index capabilities.

Key Benefits of VeriIndex

The index engine brings together real-time calculation, flexible methodologies, automated maintenance, and lifecycle management to streamline daily index operations throughout the index lifecycle.

Build Your Index Offering

Connect to Live Market Data

Streamline Daily Operations

Grow Your Index Business

Build Your Index Offering
Create and administer indices based on your market's instruments, with direct control over definitions, constituents, and approved changes through configuration rather than redevelopment.

Connect to Live Market Data
The index calculator calculate and distribute continuously updated index values in real-time using live market data, with native VeriTrade™ exchange trading system integration or other integrated systems.

Streamline Daily Operations
Coordinate corporate actions, simulate upcoming changes, and automate approved processing within an integrated workflow.

Grow Your Index Business
Expand your index offering through flexible methodologies, extensible instrument coverage, and adaptable pricing capabilities.

Built for Modern Index Operations

The index engine is designed to evolve with changing market and business requirements. Its extensible framework supports new asset classes, index strategies, and market-specific requirements through configuration rather than redevelopment. This reduces unnecessary complexity and provides a scalable foundation for future growth.

Next-business-day simulation provides operators with insight into scheduled corporate actions, rebalances, and other index changes before they take effect, improving operational control and reducing risk. The index system can be deployed as a stand-alone solution or natively integrated with VeriTrade™ exchange trading system. Through dedicated interfaces, the index engine receives instrument reference data and trade prices and sends calculated index values back to the trading system. Built on the Vermiculus modular, cloud-native VeriPrimer® platform, the index engine provides the scalability, flexibility, and operational capabilities required for modern index management.

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Vermiculus Customer Case Stories

Discover how our products are implemented in market infrastructures: