What CrossBorder Capital does

CrossBorder Capital, operating commercially as GL Indexes / Global Liquidity Indexes, is a London-based independent alternative data provider founded in 1996. The firm specializes in monitoring global liquidity flows and compiles its flagship Global Liquidity Indexes (GLI™), a suite of proprietary alternative indicators measuring financial and economic liquidity conditions across approximately 80 countries. The GLI™ indexes are produced on weekly and monthly cadences and are described in the company's own positioning as widely-used key alternative indicators, with supporting citations from the US Federal Reserve, ECB (2012), the Bank for International Settlements, and academic literature identifying global liquidity measures as among the best-performing leading indicators of asset price booms and busts.

The product suite comprises the core GLI™ indexes, weekly liquidity reports, monthly liquidity reports, and a content layer of Global Liquidity Update blog posts and annual market prospect commentary. Underlying the offering is a proprietary cross-country liquidity compilation methodology, and a self-serve web portal (glindexes.com) through which subscribers register and access reports. The firm is privately held, with no disclosed funding rounds, parent company, or institutional investors, and operates with a 1-10 employee headcount.

The business model is a B2B subscription recurring revenue stream, with annual billing and pricing disclosed only after registration. GTM is sales-led but executed through a self-serve, portal-driven conversion flow (email, password, terms acceptance, registration confirmation), supplemented by content marketing via the GL Indexes blog. The target customer segment is financial markets participants — investors, traders, and financial institutions — using GLI™ outputs for risk assessment, credit and solvency analysis, and asset allocation decisions across global markets.

Name

CrossBorder Capital

Legal name

CrossBorder Capital

Website

https://crossbordercapital.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

CrossBorder Capital, operating as GL Indexes, is a London-based independent alternative data provider compiling proprietary Global Liquidity Indexes (GLI™) across ~80 countries and selling weekly and monthly subscription reports to financial markets participants.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Subscription Reports: Weekly and monthly updates of Global Liquidity conditions provided through a subscription portal. Customers register through a multi-step process and receive access to proprietary liquidity data and analysis.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

CrossBorder Capital (operating as GL Indexes) provides the Global Liquidity Indexes (GLI™), a proprietary suite of alternative data indicators measuring financial and economic liquidity conditions across approximately 80 countries worldwide. Subscribers receive weekly and monthly reports through a self-serve web portal, with the indexes functioning as widely-used leading indicators of asset price booms and busts for risk assessment and asset allocation decisions.

Product overview

GL Indexes offers a unified platform for global liquidity data analysis. The core product is the Global Liquidity Indexes (GLI™), which provides weekly and monthly alternative data reports measuring financial and economic conditions across 80 countries. The platform is complemented by a Knowledge Bank/media section and regular blog content. Subscribers access reports through a web portal login system, with the offering positioned as widely-used, key alternative indicators for understanding risk and financial market conditions.

Differentiator

Problem solved

Functional benefit

Products and services

• Global Liquidity Indexes (GLI™) A suite of proprietary alternative data indicators measuring financial and economic liquidity conditions across approximately 80 countries worldwide. The GLI™ indexes are compiled weekly and monthly and serve as widely-used leading indicators of asset price booms and busts for financial markets participants.
• Weekly Liquidity Reports Weekly updates providing analysis of current global liquidity conditions, enabling subscribers to track short-term changes in financial market liquidity. Access is provided via the subscriber portal.
• Monthly Liquidity Reports Monthly comprehensive reports analyzing global liquidity trends and conditions across the 80 covered countries, providing longer-term perspective on financial market dynamics. Access is provided via the subscriber portal.

Quantifiable outcome

• Global liquidity measures identified as one of the best performing leading indicators of asset price booms and busts

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators1 record

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• S&P Global Market Intelligence: Major financial data and analytics provider with broad macro, liquidity, and alternative-data coverage — broad incumbent competing in the institutional alternative-data market.
• FactSet: Financial data and analytics platform serving institutional investors with broad macro and alternative-data feeds — broad incumbent in adjacent financial-information markets.
• LSEG (London Stock Exchange Group): Major financial data and analytics provider (formerly Refinitiv) with broad coverage of market data, indices, and liquidity analytics — broad incumbent competing in adjacent alternative-data categories.
• MSCI: Global index and analytics provider with broad alternative-data and ESG offerings — broadly comparable as a provider of alternative datasets to institutional investors.
• Bloomberg L.P. Largest financial data and analytics provider with broad coverage of liquidity, market data, and macro indicators — competes in the alternative-data space but as part of a much wider, integrated portfolio.

Direct peers

• Hedgeye Risk Management: Independent investment research firm offering subscription-based macro and sector analysis to institutional and professional investors — directly comparable as a niche independent research subscription business.
• Variant Perception: Independent macro research firm providing subscription-based analysis to institutional investors on global financial conditions — closely comparable product positioning and target customer segment.
• BCA Research: Independent macro research firm producing global investment-strategy research distributed by subscription to institutional investors — directly comparable in target market, product format, and delivery model.
• Gavekal Research: Independent macro research firm offering subscription-based analysis of global markets and liquidity flows — same niche (global macro/liquidity research) and same business model (institutional subscriptions), making it the closest direct competitor.
• Ned Davis Research: Independent macro and quantitative research provider serving institutional investors with subscription-based strategy reports — closely comparable business model and customer base to CrossBorder Capital.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CrossBorder Capital