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ULTUMUS appoints Daniel Hodgetts as Operations Head to Manage Business Expansion

ULTUMUS, the leading global provider of data creation, management and distribution services for index and ETF products, today announces the hire of industry operations expert, Daniel Hodgetts as  Operations Head.

Hodgetts will lead the global index and ETF support team based in London and Singapore, assist in the support of key clients as ULTUMUS roll its data managed data service out to a growing roster of asset managers, investments banks and exchanges.

Hodgetts joins from Legal and General, where he was the primary support lead for key index benchmark providers and aggregators bringing an unparalleled level of knowledge he has previously held key positions at both FTSE Russell and S&P bringing his considerable experience to ULTUMUS and its rapidly growing business.

ULTUMUS focus on the index and ETF sectors and see considerable opportunity where existing vendors have not updated their platforms, technology and products with  clients keen to exploit new and proven technology in their business with the aim of improving data quality visibility, timeliness and service reliability.

Bernie Thurston, CEO, commented: “Daniel joining ULTUMUS is another key hire for the business and a firm commitment to bring the most experienced people on-board to further develop our index data offering, meaning that we are the “go to” company for anybody who needs timely or accurate benchmark data.  He brings a detailed knowledge and management experience which will be fundamental to the team as we continue to grow and develop the business in this exciting and fast moving sector.”

Daniel Hodgetts, commented: “When I was looking for my next challenge, it was important that I joined a firm that had a vision and strategy, are developing new technologies and driving change in the asset management sector.  I have found that with ULTUMUS, the business provides me with the opportunity to work on the best and most modern data architecture, free from the legacy dependencies that other providers in the sector struggle with and this allows ULTUMUS to reliably deliver the solutions clients demand.”

The ULTUMUS teams span technology, product management and business development across key regional centres in London and Singapore and have a strong track record in the index and ETF space servicing clients globally. ULTUMUS were the first to deliver data as a service leveraging Amazon Web Services (AWS) to deliver quality, timely and accurate global index and ETF data across all asset classes in a single format, validated and customized 24 hours a day.

ENDS

For more information please contact:

Giles Sarton, Head of Business Development, ULTUMUS

+44 (0) 203 950 2388  / giles.sarton@ultumus.com

NOTES TO EDITORS

 

About ULTUMUS

ULTUMUS capture, normalise and distribute ‘near real time’ global daily ETF and index composition data across the market today – reducing risk and offering key uplift in performance, flexibility and accuracy to trading desk and the asset management community.

 

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Bernie Thurston

Bernie Thurston is the founder and CEO of Ultumus, a leading provider of ETF and index data, calculation, and workflow solutions. With over 20 years of experience in financial technology, Bernie has been at the forefront of index and ETF innovation since 2003.

His finance career began at Markit, where as Managing Director for Equities he designed and developed products for index and ETF composition and dividend forecasting from 2003 to 2011. He then founded and led DeltaOne Solutions as Managing Director, building it into a global provider of index and ETF trading data and technology services. The company managed over 100,000 multi-asset class products before being acquired by Markit in 2015.

Following the acquisition, while working for an ETF issuer, Bernie identified fundamental issues in how index and ETF data was represented across the industry. This led him to found Ultumus in 2016, building solutions for ETF primary market operations. Under his leadership, Ultumus has grown into a market leader serving major financial institutions globally, with its ETF Order Management System (OMS) supporting create and redeem workflows worldwide and its PCF platform calculating and distributing portfolio composition files for ETF issuers across every major market.

Bernie sold Ultumus to SIX Group in 2021, where it continues to expand across Europe, North America, and Asia-Pacific. Known for building lasting teams and leveraging cutting-edge technology, Bernie is focused on establishing Ultumus as the backbone of the global index and ETF industry through standardisation and automation.

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