Ultumus and Vyne are partnering to offer asset managers ‘system-ready’ data on ETFs and indices.
The Ultumus global ETF and index managed data service will work with Vyne’s data integration solution for providing custom flat files to provide bespoke data that meets the formatting requirements of clients’ internal systems.
Ultumus specialises in capturing, normalising and distributing ETF and index data to sell side and buy side for trading, risk and performance.
Vyne focuses on integrating data from different application programming interfaces (API) to provide customised turnkey data feeds to downstream systems.
Marty Pitt, CEO at Vyne, commented: “We see growing demands from across the industry to help deliver ‘system ready’ data - matching the bespoke format requirements of our client’s internal systems - and eliminating the work on internal technical resources to integrate a new API.
“Index and ETF data is a key data category for our clients and we are pleased to work together with Ultumus to provide an integration solution for the delivery of this data set via customized flat-files.”
Bernie Thurston (pictured), CEO at Ultumus, added: “Vyne’s data solutions enables us to offer both customized flat-files and/or an API solution to integrate index and ETF data – ensuring clients can quickly migrate to our solution.”
This partnership adds to a busy year for Ultumus. In July, the firm was acquired by SIX from ETFS Capital.