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KBW, Nasdaq launch fintech index

Keefe Bruyette& Woods Inc. and NasdaqInc. have launched the KBW Nasdaq Financial Technology Index.

The index tracks companies that leverage technology to deliverfinancial products and services. It includes 49 companies that represent roughlyone-fifth of the investable domestic financial universe and nearly 4% of the investabledomestic equity universe to account for approximately $785 billion in total marketcap.

The companies included in the index are ACI Worldwide Inc., AllianceData Systems Corp., AmericanExpress Co., BankrateInc., Black Knight FinancialServices Inc., BlackhawkNetwork Holdings Inc., BofIHolding Inc., BroadridgeFinancial Solutions Inc., CardtronicsInc., CBOE Holdings Inc.,CME Group Inc., , , , , Euronet Worldwide Inc., EverBank Financial Corp, EVERTEC Inc., FactSetResearch Systems Inc., FairIsaac Corp., FidelityNational Information Services Inc., First Data Corp., FiservInc., FleetCor TechnologiesInc., Global PaymentsInc., Green Dot Corp.,Intercontinental Exchange Inc.,IHS Markit Ltd., ,LendingClub Corp., , , , MSCI Inc., NasdaqInc., PayPal HoldingsInc., S&P Global Inc.,SEI Investments Co., , SS&C Technologies Holdings Inc., Western Union Co., ThomsonReuters Corp., Total SystemServices Inc., VantivInc., VeriFone SystemsInc., Verisk AnalyticsInc., Virtu FinancialInc., Visa Inc.and WEX Inc.

The index will be rebalanced quarterly and members will be updatedannually on the third Friday in December.

A total return version of the index, KBW Nasdaq Financial TechnologyTotal Return Index, was launched simultaneously.

Keefe Bruyette & Woods is a Stifel Financial Corp. company.