What We Do
We help financial institutions turn investment ideas into operational, auditable indices, and we run them reliably over the life of the product.
Structured Products
Notes, autocallables, and capital-protected instruments
Insurance-Linked Solutions
VA, FIA, segregated funds and annuity products
Rules-Based Strategies
Custom, systematic investment methodologies
Long-Dated Instruments
Investor-facing products with extended lifecycles
We act as both index designer and calculation agent, depending on client needs.
Index Frameworks We Support
We support multiple index calculation frameworks, selected based on product design, accounting treatment, and continuity requirements.
Standard Divisor-Based
Traditional index calculation methodology
Laspeyres-Style
Fixed basket quantity frameworks
Accumulator / AR-Style
Adjusted return methodologies
Each framework is implemented with:
Designed for Financial Products
Our indices are engineered specifically for use in financial instruments, with the rigor and transparency required by institutional counterparties.
We work closely with clients to define:
Calculation Agent Services
Full calculation-agent capabilities designed to support long product lifecycles, regulatory review, and audit requirements.
Daily Official Levels
End-of-day official index levels with full audit trail
Versioned Calculations
Complete version history of all calculation runs
Correction Policies
Defined correction and restatement procedures
Historical Backfills
Backtests and historical data generation
Dual-Run Calculations
Shadow calculations for validation and transition
Regulatory Support
Infrastructure built for regulatory and audit review
Index Dashboards & Analytics
For each index, we provide a secure, client-only dashboard with comprehensive analytics and transparency.
Dashboards display index-level and derived analytics only, not raw constituent market data.
Data & Methodology Transparency
We prioritize transparency without unnecessary data redistribution.
Index levels and analytics are treated as derived data
Market data usage governed by applicable vendor licenses
Production runs on client-provided feeds where required
This approach allows us to:
Flexible Ownership Models
We support multiple engagement structures with clearly defined ownership, branding, and reuse rights.
Client-Owned Indices
You own the index. We act as your calculation agent, handling daily operations and maintenance.
White-Label Indices
Custom, non-public strategies designed and operated exclusively for your use.
Provider-Owned Indices
Licensed indices from our library, available where appropriate for your product needs.
Who We Work With
We typically work with:
We are not focused on:
Built for Scale
Our platform is designed to be:
As products scale, data sources and calculation workflows can be upgraded without changing index logic.
Built by Practitioners, Not Marketers
This platform was created to solve a practical problem: turning investment ideas into operational, auditable indices that can be used in real financial products.
Product-Driven
Designed for structured products, insurance solutions, and long-dated instruments — not generic benchmarks.
Transparent & Auditable
Every rule, adjustment, and calculation step should be explainable and reproducible.
Operationally Reliable
Indices must run consistently over years, not just backtest well.
Flexible by Design
Ownership, branding, and data sources should adapt to client and regulatory requirements.
Founder
Calin Lazar, CFA
Founder & Index Engineer
Calin is a quantitative engineer with professional experience designing and operating financial systems used in production environments.
He previously served as Lead Software Engineer at Validus Risk Management, working on institutional financial platforms, and before that as Vice President, Quantitative Developer on the Multi-Asset Index Management team at Solactive, where he worked on the construction, calculation, and maintenance of systematic indices used in investment products.
Background & Expertise
How Engagements Typically Start
From initial concept to production calculation, we guide you through each step.
Prototype Index & Backtest
We develop an initial prototype and historical backtest to validate the concept.
Methodology Definition
We create a lightweight but comprehensive methodology document.
Pilot Calculation & Review
We run pilot calculations for review and validation before going live.
Production & Maintenance
Full transition to production calculation with ongoing maintenance and support.