Solactive: outfoxing the index big guns with fintech focus

Solactive has successfully carved out a niche as an alternative index provider, but it considers itself a fintech group first and foremost – an approach that chief executive Steffen Scheuble says has helped it grow to the point where it can outsmart incumbents

Steffen Scheuble, Solactive

The indexing world has traditionally been dominated by a handful of well-known names. But as the industry becomes more concentrated, big opportunities are being created for smaller index providers, argues Steffen Scheuble, chief executive of index provider Solactive.

Rather than offering what he dubs "brand-led" index services, Scheuble says the small, Frankfurt-based firm thinks of itself a financial technology company before it considers itself an index provider. "We position ourselves more as