MachameRatios® Index Limited is a Canada and Nigeria registered index research data company that provides AI-ready data for the construction, rebalancing, reconstruction and reporting of equity direct indices across African stock exchanges. Our proprietary web index database integrates market capitalization, free-float market capitalization, price returns, trading turnover, smart-beta factors and ratings data into a single structured platform that supports the entire equity direct index research and development process in Africa.

The index web database enables stockbroking firms to design and manage large cap, mid cap, small cap, sector, industry, thematic, geographical, ESG rating, credit rating, shariah-compliant rating and smart beta (value, momentum, low volatility, quality, yields and insiders) factor-based equity direct indices for their clients. By providing standardized and AI-ready market, financial statement, sustainability and rating datasets from African stock exchanges, MachameRatios® empowers Africa stockbroking firms with ready-to-use index data that support the construction of new direct indexes, rebalancing of direct index weighting, reconstruction of direct index constituents and production of direct index factsheets and constituent rating reports with greater efficiency, consistency and transparency.