About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SIX Acquires ULTUMUS to Strengthen ETF and Managed Data Service Offering

Subscribe to our newsletter

SIX has acquired ULTUMUS, a global index and exchange-traded funds (ETF) data specialist, to strengthen its ETF and managed data service offering. The companies have been partners for some time, with SIX acquiring ULTUMUS from investment firm ETFS Capital.

ULTUMUS will initially operate separately to SIX and will carry on delivering index data from SIX and other index providers. It will also continue to sell and support its own products. There are no plans to consolidate client contracts in the immediate future, although SIX notes that as the respective strengths of the companies are pulled together to develop new client propositions, contracts may be consolidated. A recent deal between Alveo and ULTUMUS, by way of example, will continue as it is for the time being.

With the global ETF industry expected to reach record assets of $9 trillion by the end of Q2 2021, SIX says the acquisition is good for the industry, clients and the firms themselves, as it will help trading in ETFs become more transparent and efficient. ETFS Capital was the first investor in ULTUMUS back in 2016, and invested again in 2019.

The transaction closed this week, although terms have not been disclosed. Bernie Thurston, CEO at ULTUMUS, comments: “We are excited by the opportunities ahead and what we can accomplish by being part of SIX.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

LSEG Wins Most Innovative Data Quality Initiative Award in A-Team Group Innovation Awards 2025

LSEG has won the Most Innovative Data Quality Initiative Award in A-Team Group’s Innovation Awards 2025 for its Tick History – PCAP, which was expanded this year to offer more than 400 feeds, with new coverage spanning 14 markets in the Americas, eight in the Asia-Pacific region and 76 in EMEA. These awards, now in...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...