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Glossary · Benchmark Governance

Benchmark Governance

Benchmark governance is the set of controls ensuring a benchmark is run impartially — separating its operation from any party that could profit by moving it and keeping its methodology transparent.

Strong governance, as set out in the IOSCO benchmark principles, is what lets unrelated parties trust the same number enough to cite it in contracts and research.

WorkForce administers its index under this model so the figure cannot be quietly tilted toward any participant’s interest.

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Related terms
Conflict of Interest (Benchmark)
A benchmark conflict of interest exists when the party that produces a benchmark also stands to gain from where it lands…
IOSCO-compliant Index
An IOSCO-compliant index follows the IOSCO Principles for Financial Benchmarks — governance, transparent methodology, an…
Benchmark Administrator
A benchmark administrator is the organization responsible for governing a benchmark — defining its methodology, controll…
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