Atlas

Company profile

MSCI

Indices first, then the risk models built on the same data

MSCI earns most of its money licensing indices that funds and ETFs track. Its analytics arm (Barra and RiskMetrics) sells risk models, and newer units cover ESG and climate data and private-asset data.

Founded

1968

Headquarters

New York

Ownership

NYSE: MSCI

Revenue

$2.86B

FY 2024

Employees

~6,100

2024

Official website

Where the money is

56% of revenue comes from index

Each block is sized by its share of $2.86B revenue (FY 2024).

56%Index
24%Analytics
11%
9%

Index

$1.61B

Data · 56%

Index licences and fees on assets in ETFs and funds that track MSCI indices.

Analytics

$0.67B

Software · 24%

Barra and RiskMetrics risk models and portfolio analytics.

Sustainability & climate

$0.32B

Data · 11%

ESG ratings and climate data.

Private assets & other

$0.26B

Data · 9%

Real estate and private-capital data (Burgiss, Real Capital Analytics).

Source

What MSCI sells

Data and analytics: index licences first, risk models second

Rows are what they sell, columns are who buys it. Darker cells cover more capabilities, weighted toward flagship strengths. Tap an offering for detail.

Asset management

Wealth

Data
Software

Product by product

What each of MSCI's products actually does

More than half of MSCI's revenue comes from indices; Barra and RiskMetrics sell risk analytics on related data. The bar shows where each product is strongest: front, middle or back office. Darker means stronger.

Acquisitions

Every deal since 2004 bought software or data: $4.9B disclosed

Colour shows what was bought; size shows the price in 2026 dollars (US consumer prices). Small hollow dots: price not disclosed. Dashed: deal abandoned. Tap a deal to see what it added.

Competitors and peers

Who MSCI is up against, and where

Grouped by how they compete. A firm can be a software rival without being a business rival.