ULTUMUS London Office

6 Jan 2020

Bernie Thurston

ULTUMUS, the specialist ETF and benchmark managed data service company has announced today that the business has relocated to new, larger offices in London as the UK team continues to grow.

2019 has seen the appointment of Mr Index, industry veteran Femi Orangun, Daniel Hodgetts as Index Operations Head, ETF UI guru Jonathan Addy, along with five other new members of the team. ULTUMUS has achieved their strategic goal for 2019 to grow their business by bringing together the most experienced and talented people in the sector.

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

Bernie Thurston, CEO, ULTUMUS said: “This is an exciting time for ULTUMUS. We have moved to new larger offices in London to accommodate our growing UK team. We look forward to continuing our expansion in the coming year, increase market share and delivering solutions to our clients.”

Since forming in 2016, ULTUMUS has significantly expanded its service offering across all aspects of benchmark, ETF and dividend forecast data globally, consistently winning clients wth innovative technology 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

Insights, new office, 55 Basinghall Street, EC2V 2NB

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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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