The startup offers a data management platform that captures, normalizes, and distributes real-time index composition data for global exchange-traded funds. This enables businesses to continuously track shares outstanding and free-floats, ensuring accurate management and distribution during trading hours.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions face challenges in obtaining accurate and timely data on global exchange-traded funds (ETFs) and indices, which is crucial for managing risk, ensuring regulatory compliance, and optimizing trading strategies. Inaccurate or delayed data can lead to misinformed investment decisions, increased operational costs, and potential regulatory penalties.
Solution
Ultumus provides a comprehensive data management platform that captures, normalizes, and distributes real-time index and ETF composition data. The platform aggregates data from multiple global sources, validates it, and cross-references it with relevant security identifiers. Ultumus offers a suite of products, including global index aggregation, global ETF aggregation, PCF calculation, dividend forecasting, custom indices and baskets, and a platform for managing ETF creation and redemption orders. The platform delivers data through a customizable API, ensuring seamless integration with existing systems and workflows.
Target Audience
Ultumus serves banks, asset managers, hedge funds, market makers, and fund administrators who require accurate and timely ETF and index data for trading, risk management, compliance, and portfolio management.
Features
- Global index aggregation from major providers like MSCI, S&P, and FTSE
- Global ETF aggregation covering multi-asset class ETFs with composition, reference, and flow data
- Automated PCF calculation for both physical and synthetic ETFs
- Dividend forecasting for over 30,000 securities, including ETFs and ADRs
- Custom index and basket calculation in partnership with BITA
- COSMOS platform for streamlining ETF creation and redemption order management
- API delivery with customizable output to fit client-specific data structures
- 24/7 support with industry experts
- Data versioning to track file re-issues and updates from providers
- Technology built on Amazon Web Services (AWS) for performance and reliability