London, 6 July, 2021 – ULTUMUS, the leading exchange-traded fund (ETF) specialist, and Alveo, the leader in market data integration and analytics solutions for financial services, have announced a partnership to bring together ULTUMUS’s global ETF and index managed data service and Alveo’s data mastering solution Prime. The partnership will enable Alveo’s customers to integrate Index and ETF information more quickly, while allowing ULTUMUS’s clients to enhance their data mastering and data integration capabilities.
ULTUMUS’s specialisation is to capture, normalise, enrich and distribute global ETF and index composition data, reducing risk and providing solutions to both sell side and buy side. ULTUMUS provides look-through information on global ETFs and indices with the ability to see daily weights and constituent information for Open, Close and Rebalance for usage in trading, risk and performance.
Alveo focuses on the integration of market and reference data from different sources covering all asset classes, including pricing information, referential information, issuer and corporate actions data. Alveo’s data mastering and data quality solution tracks the collection, integration and quality-vetting of a diverse set of content providers.
“Investment management is becoming increasingly data intensive and we face demands from our clients to help them quickly onboard additional data sets. Index and ETF data is a key data category for them. We are pleased to work together with Ultumus to provide integration to our customer base with high-quality and detailed index and ETF information”, said Mark Hepsworth, CEO Alveo.
“We are pleased to work together with the Alveo team”, said Bernie Thurston, CEO, ULTUMUS. “reliable and scalable data integration with clear lineage has rapidly become a must-have in investment management. Alveo’s strength in data mastering and integration complements ULTUMUS’s managed data service”.
ULTUMUS are the leading ETF and Index data specialists with offices in London, Singapore and San Francisco. The firm is technology driven implementing the latest cloud-based technology in support of Index and ETF trading, asset management and asset servicing. ULTUMUS’s market presence is global and expands across all business functions of a financial institution that require accurate, reliable and timely Index and ETF data. The combination of data, technology and expertise has shaped the DNA of the firm and is at the heart of everything it does.
Alveo is the leader in market data integration and analytics solutions for financial services. Focused on optimizing data flows for business user self-service, we provide cloud-native data aggregation and data quality management that enables clients to easily access trusted data while maximizing their data ROI.
Through our managed services, we ensure that clients can smoothly onboard, prepare and validate data for use in operations, trading, investment management, pricing, risk, reporting and machine learning.
We service a global client base and our award-winning technology provides easy integration into business user workflows and a proven platform for advanced analytics. Through combining deep domain expertise with the latest open-source technologies, we help financial institutions ensure high-quality data, optimize market data cost and maximize productivity.