Global spending on ESG indices has grown at annual rate of 37%.
Liquidity challenges in fixed income shift market influence to institutional investors.
Transaction could be worth $4 billion.
Clients are demanding innovation in multi-asset data, index and analytics.
83% of firms are yet to start making changes to their contracts.
The volume of Eonia cleared swaps could be too low for a risk-free rate based on transactions.
Keys are to standardize and automate, IHS Markit notes.
Bats/Cboe vet will oversee operations, corporate development, technology and data.
Fixed-income data comes into clearer focus.