Parameta Solutions has announced the launch of a new family of EUR and USD Swap Rate fixing indices, leveraging market-leading data from ICAP’s Interest Rate desks. These indices capture the mid-rate of interest rate swaps across multiple tenors, offering a transparent and reliable benchmark for market participants.
The launch marks a significant expansion of Parameta Solutions’ growing index franchise, which already covers interest rates, inflation, and energy and commodities. The company aims to provide independent, high-integrity benchmarks that investors and asset managers can rely on for financial products, performance measurement, and risk management.
Parameta Solutions Shares New EUR & USD Swap Rate Indices
“The development of these swap rate indices is in response to widespread demand for high-integrity benchmarks in the OTC market,” the company said in a statement. Parameta Solutions has already licensed the indices to Société Générale, which will use them in structured products issuance for the French market.
Silvina Aldeco-Martinez, Chief Executive Officer at Parameta Solutions, highlighted the significance of the launch: “Transparency is the cornerstone of healthy markets. Our Swap Rate Indices are a decisive step in our mission to democratize access to OTC markets. We are proud to welcome Société Générale as an anchor client and look forward to working with them, while expanding our index offering to meet the needs of a growing global client base.”
Moreover, Laurent Besnainou, Head of Global Markets Sales for France at Société Générale, added: “We are happy to partner with Parameta Solutions as the first issuer to license this family of swap rate indices. Structured products linked to interest rates have seen strong growth over the past three years, benefiting from the new long-term interest rate environment. Most of these products are capital guaranteed, offering diversification in both investment universe and risk profile. They are ideally for life insurance formats and investors seeking alternatives to euro-denominated funds. So, this partnership will strengthen our ability to deliver innovative and reliable solutions to our clients.”
With this launch, Parameta Solutions further establishes its role as a key provider of transparent, market-leading benchmarks, responding to growing demand for trusted data and indices in global financial markets.
Also, stay updated with the Latest Broker News. Happy Trading!