ULTUMUS, the leading ETF operational, technology, and data solution provider, has onboarded impact investing specialist CIRCA5000, which is launching a highly novel range of thematic equity ETFs targeting key impact objectives including Clean Water and Waste; Green Energy and Technology; Health and well-being; Social and Economic Empowerment; and Sustainable Food and Biodiversity. They make disclosures under SFDR Article 9 and on launching the funds become Europe's first pure-play impact ETF issuer.
CIRCA5000’s forward-looking thinking also applies to its operations, where best-of-breed solutions are sought. The old ETF operating landscape of fragmented and disparate portals, systems, and processes, sometimes requiring ad hoc emails and messaging, is giving way to centralized, standardized aggregation solutions that expedite and coordinate the operational machinery and routines of the ETF ecosystem.
CIRCA5000 selected ULTUMUS to handle PCF calculation and distribution to the ETF market. ULTUMUS’ transparent and user-friendly global PCF format, developed with APs, market makers, and seasoned fund accountants, facilitates fast and accurate pricing, making appropriate adjustments for events such as corporate actions and withholding taxes. ULTUMUS’ presence in Asia allows for processing, validation, and pre-market pricing before the London market opens.
ULTUMUS has an extensive dynamic library of near real-time global index and market data on ETFs, their underlying portfolios, and portfolio composition files, provided for leading ETF players in alternative and conventional asset classes.
Automated processes, customized APIs, smart programs, and audit trails of steps and stages, all housed in the cloud, are hallmarks of the ULTUMUS approach, which generates virtuous circles for the ETF ecosystem.
All of this helps to maintain plentiful liquidity and tighter bid/offer spreads throughout the trading day. ULTUMUS’ Head of Business Development, Giles Sarton, said: “Supporting these innovative ETFs is a great opportunity that showcases our place in the global ETF ecosystem. We can support both physical and synthetic structures, helping to make ETFs more transparent and efficient to trade”.
ULTUMUS has been selected as a PCF solution provider for a wide range of issuers including HSBC, 21Shares, Chimera, Global X, and Caceis Investor Services, replacing in-house processes and facilitating these organizations to compete effectively in the wider market. Meanwhile, recent client wins for the COSMOS create redeem platform have included Virtune, CoinShares, and JTC Group, with the platform being deployed with a growing number of APs and market makers
ULTUMUS is a trusted service provider of choice with broad-based market coverage: it already provides one or more of PCF Calculation; Cosmos Create/Redeem platform; ETF Data Services and technical expertise for 8/10 of the largest European ETF issuers.
ULTUMUS is a pure-play ETF specialist owned by SIX Group, the Swiss Exchange.