AXA began using IndexStream in production within a few weeks of licensing the product and has been extremely happy with the results. "IndexStream has streamlined the process of index aggregation and reporting for us," said George Guerrero, Assistant Vice President, AXA Financial. "In addition, having the benchmark data readily available has made it easy to judge our fundsâ performance and conduct detailed analyses without jumping through hoops."
IndexStream provides a direct feed of daily benchmark data from the worldâs leading index publishers to FundStation, AXAâs performance measurement system, allowing them to generate and deliver customized performance reports on demand. Confluenceâs extensive list of indexes includes thousands of leading domestic and international benchmarks from providers such as MSCI, Russell, Wilshire, Merrill Lynch, Lehman Brothers, and Lipper. AXA is the third company to license IndexStream since April 2003. According to Confluence CEO Mark Evans, "Our customers have spent too much time collecting index data manually. We developed IndexStream to provide a comprehensive benchmark solution that reduces the time and cost required to deliver timely and accurate performance reporting."
For more information about IndexStream, please contact Mike Capsambelis 412.697.4267.