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ULTUMUS EXPANDS INTO ASIA PACIFIC WITH NEW SINGAPORE OFFICE

ULTUMUS, the specialist ETF and Index managed data service company is continuing its rapid expansion with the announcement today that it has opened an office in Singapore, along with the expansion of its London headquarters. 

 The Singapore subsidiary will accommodate the rapid growth in the region and enables clients to be serviced around the clock.

 

The new office in Robinson Road houses a dedicated team of professionals who provide support on Index and ETF managed data services as well as ETF services for the creation and management of Portfolio Composition Files (PCF).

 

Singapore will act as a regional hub, resourced by a dedicated support team to meet the needs of our global client base for Index and ETF managed data services.

ULTUMUS is now able to provide its services across all time zones. This step also denotes an opportunity to further establish long-term partnerships with local clients and strengthen the firm’s current footprint in the Asia Pacific region.

 

Bernie Thurston, CEO, ULTUMUS said: “This is an exciting time for ULTUMUS. The opening of our first Asia Pacific regional office marks a significant milestone for the company.  We are now able to enhance our 24-hours-service to our clients, making us one of the few truly global data service providers.  We are able to service our near real time Index and ETF aggregation alongside primary PCF generation services 24/7.”

 

Since forming in 2016, ULTUMUS has significantly expanded its service offering across all aspects of Index, ETF and dividend forecast data globally.  This sits alongside a market leading PCF calculation service that has been developed to address the rapidly evolving ETF market. ULTUMUS has designed its technology stack around AWS (Amazon webservices) and offers unrivalled levels of support and innovation in the management of ETF and index data.

 

ENDS

For more information please contact:

Louise Dolan, Partner, Camarco

Tel: 020 3757 4982 / 07446 870025

 


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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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