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Industry news

ULTUMUS opens San Francisco office


04 March 2020 San Francisco
Reporter: Maddie Saghir

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Image: Shutterstock
ULTUMUS, the specialist exchange-traded funds (ETF) and benchmark managed data service company, has opened a new office in San Francisco to support the growth of business in the US and Canada.

The new office will be headed by Fe Zamora, formerly of IHS Markit, who will be responsible for building out the team and managing US operations.

Since 2016, ULTUMUS has deployed its ETF and index managed data service to Tier 1 investment banks, asset managers, investor service groups and exchanges.

According to ULTUMUS, over the last 12 months, it has reached a set of “increasingly significant milestones” in the development of its specialised ETF and index data management service, including the creation of a new category of technical data feed that can be used by both ETF/index trading desks, risk and asset managers.

Bernie Thurston, CEO of ULTUMUS, says: “This is an exciting time for ULTUMUS. We have opened an office in San Francisco headed by a highly experienced manager and also moved to new larger offices in the City of London at the beginning of the year to accommodate our growing UK team. We look forward to continuing our expansion in 2020, increase our market share and deliver solutions to our clients.”
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