London, 26th January 2023 – CoinShares in conjunction with JTC Group adopts COSMOS an ETF and ETP order management platform to streamline order management processes to its global client base.
Ultumus’ specialization is to capture, normalise, enrich and distribute global ETF and index composition data, reducing risk and providing solutions to both the sell-side and buy-side. COSMOS, a Ultumus order management platform solution provides look-through information on global ETFs and the complete control and customisation of the Primary market order management platform connecting asset managers, APs, custodians, fund admin, registry, and operations.
JTC Group focuses on the integration of fund administration processes and has adopted the COSMOS platform with ETP issuer CoinShares to streamline the order management process for their clients.
“ETF order management is becoming increasingly complex and data-intensive and hence we face demands from our clients to help them quickly onboard new products and users essential throughout the order management process. A centralised and configurable platform with a 360-degree view is essential for them. We are pleased to work together with CoinShares and JTC Group to provide COSMOS integration”, said Bernie Thurston, CEO ULTUMUS
“We are delighted to work together with the Ultumus team,” said Alan Baird, Head of Fund Services - Jersey, JTC Group. “Adopting COSMOS as our order management platform enables us to streamline the ETF administration process, providing us with the ability to service our clients more effectively and cost-effectively.”
“Transparent, configurable, and scalable data integration with clear lineage has rapidly become a must-have in order management systems. Ultumus’s strength in data management paired with the COSMOS platform has streamlined how clients place orders and given all parties more visibility and flexibility; thus, preventing errors and optimising workflows”, said Frank Spiteri, Head of Asset Management at CoinShares.
Since 2015, CoinShares ETPs offer European investors simple access to digital assets via regulated exchanges. CoinShares is Europe’s leading digital assets investment and trading firm, innovating the technology and infrastructure to enable access and power investment in the new digital economy.
JTC Group, a global Fund Administrator, employs over 1,400 people and has over US$200b in Assets Under Administration (AUA as of Jan 3, 2023).
Since launching in 2016 ULTUMUS has become the central resource for the ETF market. Its technology-enabled solutions capture, normalise, enrich and distribute global ETF and index composition data daily across the entire ETF ecosystem. This is now being used throughout the COSMOS platform to streamline the ETF order management process.
Part of SIX Financial - ULTUMUS is the leading ETF and Index data specialist with offices in London, Singapore, and California and is positioned at the heart of the ETF data and service Eco-System The firm is technology driven implementing the latest cloud-based technology in support of Index and ETF trading, asset management/asset servicing. ULTUMUS’s market presence is global and expands across all business functions of a financial institution that require accurate, reliable, and timely Index and ETF data service. The combination of data, technology, and expertise has shaped the DNA of the firm and is at the heart of everything it does.
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For further information, please visit: www.ultumus.com