Euromoney Indices was established by James Capel & Co. (Stockbrokers) in 1987 as an index advisory business serving passive equity investment managers.  

In 1999, James Capel became part of HSBC Bank plc and the team became known as HSBC Quantitative Techniques, expanding its services into calculating indices across the FX, Rates and Credit asset classes.

In September 2013, as part of a larger restructuring of HSBC, the Quantitative Techniques business was sold to Euromoney Institutional Investor PLC and renamed Euromoney Indices.