The rapidly evolving ETF trading space both in terms of new issuers coming to market and depth of data now being demanded by trading houses and regulators has led to a renewed focus in the best way to source, manage and support this data set. Addressing these demands, the solution combines the flexibility and performance of the Tbricks by Itiviti trading platform with the most comprehensive and best supported managed data service from ULTUMUS, covering all aspects of ETF pricing and reference data.
“We are very pleased to be partnering with Itiviti to provide an ETF data set that offers the greatest granularity of data and client support,” said Bernie Thurston, CEO, ULTUMUS. “This partnership allows us to provide our service to a wider audience and provides a real choice to clients on who can service their ETF data needs.”
“We are delighted to continue our commitment and strategic investment in the ETF space by offering the ULTUMUS data service in Tbricks,” said Richard Bentley, Chief Product Officer, Itiviti. “The ability to compare and validate data in real time before sending quotes, either when directly pricing ETFs or via proxy pricing, sets a new standard for the market. In order to further automate processes and meet the growing demands around ETF trading, market making and RFQ responding, it is crucial to confidently and accurately price ETFs with the latest and most reliable data. Providing our Tier 1 ETF clients with access to multiple sources of ETF static data achieves that."
Tbricks by Itiviti is the first trading platform designed from the ground up for today’s trading reality: built to be customized, scaled, co-located and blazingly fast. Its app-based architecture combines the tailored functionality of an in-house built system with the convenience of a third-party solution.
For further information, please contact:
Richard Bentley, Chief Product Officer, Itiviti, Tel: +44 20 7743 7223, Email: email@example.com
Lee Griggs, President EMEA, Itiviti, Tel: +44 20 794 209 58, Email: firstname.lastname@example.org
Amal Ahmed, Senior Marketing Manager EMEA, Itiviti, Tel: +44 20 794 209 56, Email: email@example.com
Giles Sarton, Head of Business Development, ULTUMUS, Tel: +44 (0) 203 950 2388, Email:firstname.lastname@example.org
ULTUMUS offer a single source solution for the management, validation and enrichment of global multi asset class ETF, index, and customized data sources with the ability to simultaneously service front/middle/back office, risk, compliance, delta one and performance areas –reducing cost and improving data quality.
Top-Tier tier trading firms, asset managers and exchanges rely on the ULTUMUS for the provision of market leading ETF and Index data, backed by industry leading support.
Itiviti is a market-leading global provider of multi-asset trading technology and financial infrastructure solutions for buy-side and sell-side market participants, including NYFIX, one of the industry’s largest FIX-based trading communities.
Serving around 2,000 clients worldwide, we provide consistent, reliable access to the most up-to-date and innovative order routing, connectivity and trading solutions available. Top-tier trading firms, banks, brokers, exchanges and institutional investors rely on our technology, solutions and expertise to streamline their daily operations, connect to their desired markets, and trade when and where they want. All while being able to comply with global regulation.
With global offices in 18 locations covering all major financial centers the merger of Itiviti and ULLINK in March 2018 created a full-service technology and infrastructure provider, covering all asset classes, geographies and regulatory landscapes.
Itiviti is owned by Nordic Capital.