NeoXam, a global leader in data management and investment solutions, has announced its partnership with ULTUMUS today, a provider of ETF and indices-managed data services. This partnership enables NeoXam DataHub to integrate consolidated data feeds for a diverse range of ETFs and indices. The news comes amid burgeoning investor demand for more sophisticated ETF and index data, with the popularity of passive investment products continuing to surge over recent months.
The collaboration will enable users of NeoXam DataHub – an award-winning integrated investment and market data solution used by leading buy and sell-side financial institutions – to gain access to ULTUMUS’ global ETF and index-managed data services within the NeoXam DataHub platform. Connectivity to ULTUMUS –owned by the financial market infrastructure provider SIX Group – offers users a single source of data on multi-asset ETFs alongside complete composition, reference, flow, corporate actions, and dividends data sets. Users also benefit from a consolidated source of data for global benchmarks, including those from MSCI, S&P, and FTSE, as well as a wide range of further indices providers.
NeoXam DataHub’s expanded functionality is already gaining market traction, with the first asset management firms keen to onboard ULTUMUS’ data streams and efficiently distribute these to their downstream applications via NeoXam DataHub. Additionally, customers can combine these with other data sourced into NeoXam DataHub to create an extended, comprehensive, and data-rich view of a given asset class or investment portfolio.
Bernie Thurston, CEO of ULTUMUS, said: “The ability to seamlessly overlay sophisticated ETF and index data with firms’ existing data dashboards represents a major step forward for the industry. The growth in popularity of passive investing products shows no signs of slowing, and firms will need to ensure they are as prepared as possible from a data management perspective.”
Philipp Sfeir, Managing Director of NeoXam EMEA North + ZAF, added: “We have witnessed immense demand from clients to gain a consolidated view of ETF and index data over recent months. Market developments in this data segment underscore the importance of utilising NeoXam DataHub as a consolidation and dissemination platform. Our collaboration with ULTUMUS strengthens our position towards servicing this demand and empowers our clients to retain their freedom of choice and to form an even more precise understanding of their investment portfolios.”
About NeoXam
NeoXam is a leading financial software company, delivering solutions and services for 150+ customers in 25 countries worldwide. NeoXam is committed to its clients’ success: we deliver reliable and scalable solutions, processing more than €20 trillion worth of assets per day and serving over 10,000 users. Through its combined talents and transparent approach, NeoXam helps buy- and sell-side players address the continuous changes in the financial market industry, to grow and better serve their clients. NeoXam relies on 600+ staff, is headquartered in Paris and has 16 offices across the globe.
ABOUT ULTUMUS by SIX:
ULTUMUS is a pure play Index and ETF managed data service owned by SIX Group, operator of SIX Swiss Exchange and BME Exchange in Spain. Since launching in 2016, ULTUMUS has become the central managed data service for the ETF and Index market and is the largest PCF calculation agent globally for ETF issuers and investor service groups, its technology-enabled solutions capture, normalise, enrich and distribute data daily across the entire ETF and Index ecosystem.
ULTUMUS is headquartered in London and has offices in Singapore, California, and Hawaii.