Deutsche Börse Expands Data Offering on Longevity

Xpect Data and Indices on life expectancy also available for England and Wales

Deutsche Börse is expanding its Xpect offering to include longevity data and indices from England and Wales. In 2008, Deutsche Börse’s business segment Market Data & Analytics started delivering monthly data on life expectancy and mortality risks in Germany and the Netherlands, broken down according to region, year of birth and gender.

Xpect Data offers the most up-to-date figures for quantitative valuation of longevity risk. The data on population trends in Germany, the Netherlands, England and Wales is collated from various sources, verified and disseminated on a monthly basis. Previously, these data had only been available in the market every three to five years.

The Xpect Data product forms the basis for up-to-date and regular calculations of generation mortality tables. Unlike hitherto existing data, Xpect Data is based exclusively on transparent and objective statistics, rather than on expert opinions. It is particularly important for the calculation of risk positions for life insurance and pension funds that longevity data is up to date and of top quality. As the population’s life expectancy increases, so too do payment obligations and risk positions.

Xpect Indices serve as securitization for life and pension insurance risks and they also serve as a basis for financial instruments. Insurance companies and pension funds will thus increase their capital efficiency and lower their required risk capital.

For further information on Xpect Data, please visit www.deutsche-boerse.com/xpect_e.

Market Data & Analytics
Deutsche Börse Market Data & Analytics collects, refines and disseminates capital market-relevant real-time data. The product range includes price data, trading statistics, analyses, master data and approximately 3,000 indices, which document what is happening on the international financial markets and make it transparent. The data is disseminated via own high-speed feeds and via data vendors. With Xpect, Deutsche Börse started to deliver off-exchange data. Trading signals such as European Directors’ Dealings information and market moving news for the growing community of algorithmic traders were added to the product portfolio.

Xpect is a registered trademark of Deutsche Börse AG.