Solactive hires Alex Steiner as CIO

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Solactive is pleased to announce the appointment of Alex Steiner as the new Chief Information Officer, effective October 1, 2021.

In his role, Alex will assume responsibility for expanding Solactive’s proprietary indexing platform and IT infrastructure strategy across Solactive’s platform and global operations. Alex will join Steffen Scheuble, CEO, Timo Pfeiffer, CMO, and Christian Vollmuth, CRO, on the management board of Solactive.

Solactive’s growth trajectory has accelerated sharply in recent years. With the establishment of two overseas offices in Toronto and Hong Kong and the substantial increase in its workforce, the German index provider now calculates more than 20,000 indexes per day, which serve as an underlying or benchmark for a growing number of financial products traded around the world. The appointment of Alex Steiner as Solactive’s new Chief Information Officer sets a clear statement to provide a strong and flexible indexing ecosystem, which supports both the growth of Solactive’s business and the satisfaction of its clients. Alex’s responsibilities cover all IT and technology aspects of Solactive’s business, platform and infrastructure.

Steffen Scheuble, Chairman and CEO of Solactive, said: “Our business is essentially an IT department and as a result we have, from day one, built a reliable and responsible IT infrastructure into the heart and soul of our business. business. . As Solactive is growing at a tremendous rate, we want to make sure that we cultivate our IT infrastructure in the same way in order to prepare for exciting challenges and opportunities. Alex shares Solactive’s deep-rooted spirit for technology and, in combination with his deep and proven knowledge, we are sure we have found the right fit for the job, elevating Solactive in terms of reliability, scalability to test of time and acceleration of growth. It’s great to have him on board!

Alex Steiner, CIO at Solactive, comments: “From my perspective, continuous business development requires equal growth and investment in a company’s IT infrastructure. In my new role as CIO, I look forward to synchronizing Solactive’s growing business activities with a scalable and agile IT backbone to launch new customer-centric projects such as data intelligence based on AI while maintaining a reliable indexing calculation platform that takes into account business continuity and customer empowerment. I can’t wait to roll up my sleeves.

Before joining Solactive, Alexander Steiner worked for the German fashion house Peek & Cloppenburg for two years, as CTO in Düsseldorf. His responsibilities included overseeing the entire IT infrastructure, business operations and online stores. Prior to that, Alex worked for Chicago-based Capital Markets Trading as CIO, where he oversaw teams in Frankfurt, London and Kiev to integrate AI into trading strategies. Alex started his professional career at Deutsche Börse, spanning different roles in the company’s research and consulting, service management and data science content lab.


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