Mortgage solutions provider Ellie Mae released a statement Friday announcing its placement on the investor-friendly Russell Global Index, after Russell Investments restructures its global equity indexes in June.

For any company, a listing in the Russell Global Index means a larger audience, with greater publicity for companies in search of investor managers and institutional investors. By stepping up to the index, Ellie Mae will find placement in large-cap, small-cap, and all-cap indexes as well as those for its industry sector and specific country.

“We see the addition to the Russell Global Index as a reflection of Ellie Mae’s positive momentum, while the inclusion in the index marks yet another milestone for the company,” stated Sig Anderman, president and CEO of Ellie Mae.

The Russell Global Index presides over 98 percent of securities in places across the world, calibrating sub-indexes every year in order to evaluate various market segments. According to the statement, the index arose from Russell’s need for an overarching evaluation strategy predicated on an outside investment manager audience.

According to its Web site, Russell Investments determines rank for companies on the basis of objective, market capitalization, and style attributes. It launched the Russell Global Index in 1997.

With approximately $161 billion in assets under its management in March, Russell Investments supplies investors with sound advice and performance benchmarks for their portfolios. It serves various clients and institutions in over 35 countries.

According to its Web site, Ellie Mae is a solutions provider for the residential mortgage industry.