Ultumus data joins ActiveViam's Atoti platform

Ultumus and ActiveViam have partnered to make ETF and index data available through the Atoti platform for users running risk and portfolio analytics.

Under the deal, ActiveViam clients will be able to access Ultumus' validated ETF and index data within Atoti instead of sourcing and integrating it separately. The move is intended to address a recurring operational problem for investment managers that use one system for analytics and another for underlying ETF and index data.

The data includes composition and reference information for ETFs and indices. Atoti users will be able to bring versioned data into existing risk workflows, reducing the integration work needed before portfolio and risk teams can use it in calculations.

The partnership connects a specialist provider of ETF and index data with a platform used for risk analysis across capital markets. For buy-side firms, the challenge is often less about access to analytics tools than about ensuring the data feeding those tools is reconciled and consistent across teams.

Ultumus is part of SIX and describes itself as a provider of ETF and index data, calculation and workflow services. Founded in 2016, it also acts as an independent PCF calculation agent. The company says it captures, normalises, enriches and distributes ETF and index data, and operates an ETF order management system that handles creation and redemption workflows with more than 35 authorised participants, transfer agents and custodians.

ActiveViam focuses on analytics for trading, risk and treasury functions in financial services. Its Atoti platform provides a single view of risk across different parts of an institution's business by combining real-time and historical analysis.

Data workflow

The tie-up is framed around a common challenge in risk management workflows. Investment managers often need to source ETF and index composition data externally, reconcile differences between sources and formats, and then load that material into risk systems before they can assess exposure.

By placing Ultumus data inside Atoti, the partnership removes one step in that process. That could be particularly relevant for asset managers and hedge funds whose portfolios include exchange-traded funds or benchmark-linked positions that need frequent monitoring.

Bernie Thurston, Chief Executive Officer of Ultumus, said the partnership is designed to place data directly inside the workflow clients already use. "Investment managers don't want another data integration to manage, they want the right data where they are already working. Making Ultumus' ETF and index data available through Atoti means ActiveViam's clients get it exactly where they run their risk and portfolio calculations. It's the kind of partnership that gets our data closer to the buy side, faster," Thurston said.

For ActiveViam, the addition broadens the scope of data available through Atoti rather than changing the platform's underlying role. Clients use the platform to maintain a trusted view of risk, and adding ETF and index data should extend that view to more of the instruments and benchmarks that shape portfolio exposure.

Buy-side focus

The announcement also points to continued demand among buy-side firms for fewer disconnected systems in portfolio oversight. Risk teams increasingly need to bring together security-level information, benchmark data and portfolio analytics quickly enough to support trading and capital decisions without extensive manual reconciliation.

Shelley Magee, Chief Executive Officer of ActiveViam, said the arrangement is intended to reduce that burden. "Our clients rely on Atoti to give them a single, trusted view of risk. Adding Ultumus' validated ETF and index data extends that view to the ETFs and indices behind their portfolios, without a separate sourcing and integration project. For asset managers and hedge funds, that means less time reconciling data and more time acting on what it tells them," Magee said.