OREANDA-NEWS. Deutsche Börse Group today announced changes in the leadership structure of its Market Data + Services (MD+S) business area, which is part of the recently created division “IT & Operations, Data & New Asset Classes”, headed by Deputy Group CEO Andreas Preuss.

With immediate effect, MD+S activities will be bundled in four major service lines: Regulatory Services, Data Services, Index Services (incl. STOXX) and Infrastructure Services. Alongside these will be a new, central unit “Content Lab”. The restructuring aims to enhance market and client focus of the area in line with Deutsche Börse’s “Accelerate” strategy. Managing Director Holger Wohlenberg will continue to lead MD+S.

Regulatory Services:
Financial markets regulation and related services are a focal point of growth for Deutsche Börse Group. Therefore, “Regulatory Services” will be integrated as a separate department within MD+S going forward. It offers reporting solutions to help clients meet current and future regulatory obligations. This department will be headed by Georg Gross, who has successfully built up the Group’s market data business, and therefore contributes his broad market network as well as extensive experience in the area of processing, distribution and marketing of capital markets data to lead this new department.

Data Services:
Formerly known as “Information Services”, this department comprises the Group’s data dissemination business and will focus on further expanding data sets, including the development of new and innovative analytics. Going forward, Hartmut Graf will head this department. Hartmut has been leading the Group’s index business since 2004 and has been CEO of STOXX since 2010. Under his leadership, the business advanced from a provider of local blue-chip indices to a global index provider that is continually recognized for its market leading product innovation. Hartmut Graf will also act as deputy head of MD+S.

Index Services (incl. STOXX):
“Index Services” is responsible for the STOXX and DAX indices. It serves issuers who use indices as underlyings or benchmarks for financial products such as futures, options, ETFs and structured products. Matteo Andreetto, who has been Global Head of Sales at STOXX for the past years, has been appointed Head of Index Services and CEO of STOXX. In his previous roles at various banks, Matteo was working closely with and servicing buy-side clients, which gives him the experience and network that is needed to further expand the index business towards the buy-side.

Infrastructure Services:
“Infrastructure Services” will combine the former service lines Tools and Market Solutions. It comprises licensing, hosting and maintenance of Deutsche Börse applications and infrastructure elements to external clients. The new department bundles resources to serve customers in an even faster and more targeted way. Willy Suter, formerly responsible for Market Solutions, will head this department ad interim.

Content Lab:
The four new service lines will be supported by a new section “Content Lab”, which exclusively focuses on the development of innovative content and intellectual property. This section will be headed by Konrad Sippel, who was previously responsible for product and market development at STOXX, where he successfully oversaw the development of many of the innovative investment strategies that are commercialized through the Group’s indices.

STOXX and DAX are registered trademarks.

About Deutsche Börse – Market Data + Services
Deutsche Börse is one of the world’s leading data and technology service providers for the securities industry with a product and service offering for issuers, investors, intermediaries and data vendors. The Group covers the entire value chain from trading, through clearing, to settlement and securities custody. Deutsche Börse Market Data + Services is part of the Group's IT & Operations, Data & New Asset Classes division and encompasses its extensive market data offering and external technology and connectivity services. The product and service range includes real-time and historical data from the Group's trading venues Eurex and Xetra as well as from cooperation partners. It also includes exclusive trading signals independent of its platforms such as economic indicators or macroeconomic news, reference data for more than 1,000,000 securities, more than 11,000 indices including the STOXX and DAX index families, superior capital market infrastructure, and reliable connectivity services.