Today, we're changing that. Banque de Luxembourg - Asset Servicing, Axxion S.A., Navaxx S.A. and Ultumus are partnering to provide European boutique asset managers with an integrated full ETF service offering.
Through our COSMOS platform and comprehensive PCF calculation services, we're enabling asset managers to launch and operate ETFs without building costly infrastructure themselves.
Bernie Thurston, CEO, Ultumus: "Operational excellence meets technology. We're bringing the infrastructure that powers some of the world's largest ETF programs to boutique managers in Luxembourg – no compromises on quality, no barriers to entry, one complete solution."
Jonathan Thoss, Senior Project Manager, Markets & Credits, Banque de Luxembourg: "Our ambition: the simplest way to launch an ETF, without compromising on market standards."
Benjamin Linn, CFA, Head of Relationship Management, Axxion S.A.: "Our goal is to empower our partners to focus on what truly matters – their products, their investors, and their success – not operational complexity.“
What makes this partnership different:
-
Connectivity across the entire ETF ecosystem via a single platform, COSMOS (powered by Ultumus), with comprehensive Ultumus PCF calculation and distribution
-
Single connectivity point to Authorised Participants, custodians, data providers – no fragmented vendor relationships
-
Reliance on proven market standards, both technologically and operationally
-
Combined expertise of three specialist partners supporting issuers from launch through daily operations
This partnership combines our global ETF technology with Luxembourg's fund administration expertise and specialist ETF servicing – creating a complete solution from launch through daily operations.
This is just the beginning. We're making ETF infrastructure accessible to boutique managers across Europe – powered by technology that scales.
Learn more about our ETF infrastructure solutions.
Comments