Industry Updates

Horizon Software and Ultumus develop data offering

George Geddes

a group of people sitting around a table with laptops and papers on it

Horizon Software, an electronic trading solutions provider, and indexing and ETF data provider ULTUMUS have extended their partnership to enable Horizon’s users access to pricing, sourcing and trading of ETFs with dividend dataset integrated.

The two companies partnered in 2017 and have since combined Horizon’s adapting trading system with ULTUMUS’ single source of ETF data. It has enabled investment banks and traders to quote trades more effectively and accurately.

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Both Horizon and ULTUMUS look to develop the partnership to allow Horizon’s users to onboard additional source of dividend forecast data for amount and date estimates.

ULTUMUS has completed several other partnerships this year including with Velox Financial Technology and Woodseer Global.

Giles Sarton, head of business development at ULTUMUS, said in a statement: “ULTUMUS complements Horizon’s leading electronic technology with a single source of global ETF data.

“Aggregating and distributing additional ETF dividend forecasts data on top of index and reference data, all as a single source, will strongly benefit Horizon’s client base in terms of trading performance, flexibility and accuracy.”

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