The acquisition will have the leadership position of ULTUMUS on ETFs combined with the core capabilities of SIX in trading, post-trade and data services which will open up opportunities to help shape the expanding ETF market.
Marion Leslie, Head Financial Information & member of Executive Board, SIX, said:
With ULTUMUS we have found the right partner with unique expertise in ETFs and managed data services. The combination of our capabilities will enable us to provide market-leading services to support our customers in the ETF market. We are delighted to welcome ULTUMUS talent and expertise to our team.
Bernie Thurston, CEO ULTUMUS LTD, added:
Source LinkedIn
ULTUMUS are excited by the acquisition by SIX, this further enables us to provide our cutting edge ETF and index managed data service to trading desks, asset managers and enterprise data management groups, alongside providing our market-leading PCF calculation service to more ETF issuers to gain competitive edge. We look forward to expanding our global reach and product set with SIX and working with our client base to ensure we provide the best support and technology in the industry.
The SIX recently took steps to provide support to SMEs by setting up the Sparks equity segment.
