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Custom Index Basket Calculation

BITA and ULTUMUS have partnered to offer a one-stop solution for the
management and calculation of client-driven custom indices and baskets.

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BITA, a leader in technology-driven indexing infrastructure and solutions, provides a comprehensive and
flexible one-stop solution for managing and calculating client-specific custom indices and baskets.
We ensure timely and accurate management of corporate actions, offer independent BMR administration,
and maintain an extensive vendor network for effective dissemination. Additionally, our services promote
standardisation and normalisation of data formatting, ensuring seamless trade and post-trade integration.

Our flexible infrastructure offers flexible workflow modules, adapting to each client-specific requirement:
Calculation of indices

based on custom rulebooks
implemented in our system

Calculation of custom baskets

and indices based
on client rebalance

Calculation of dynamic baskets

ad-hoc or
event-driven basket changes

We can provide integrated and front-end solutions for customisation, backtesting and rebalancing of client indices and baskets.

End-to-End Solution
Covering the entire process from setup to trade and post-trade integration, including dissemination into a vast vendor network.

Fully Customisable
Adaptable to unique client needs. Total flexibility in security selection and reconstitution. End-of-Day or Real-time calculation.

Automated Workflow
Streamlined, automated processes for efficiency and accuracy.

Screenshot 2023-08-29 at 12.15.49
Full Custom Index Calculation

From idea to calculation with no hassle:

  • The client provides an index
    rulebook or set of criteria
  • BITA designs, backtests,
    implements, and calculates the
    index based on the client's
    rulebook
  • Outputs: daily index files, corporate
    action files, index values
Custom Basket Calculation
Adds a customisation and technology
layer to every rebalance:

  •  Before rebalancing, the client
    sends portfolio changes
  • On the rebalancing date, BITA will
    implement the new composition
  • Optional utilisation of BITACore for
    managing basket changes

 

 

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Screenshot 2023-08-29 at 12.21.00
Dynamic Custom Basket Calculation

The bespoke solution for actively
managed portfolios:

  • The client sends ad-hoc portfolio compositions
  • BITA implements the changes and
    calculates the basket with the new
    constituents
  • Outputs: daily index files, corporate
    action files, index values

State-of-the-art Technology

Our state-of-the-art technology infrastructure is what sets us apart from competitors.

Flexible Dissemination

Multiple channels of distribution including API, FTP, and established vendor channels.

Standardised Framework

All corporate events are standardised with detailed policies and a custom framework for each type.

Modular Offering

Full control to choose and customise parameters, pricing, delivery, IP framework.

Automated Reporting

Easily track patterns and trends with our range of automated reporting options.

Access to Industry-leading Data Providers

We incorporate data from leading industry providers to offer confidence and peace of mind.

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Powers the ETF and Index ecosystem

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+44 (0) 203 998 2500

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  • ETF Aggregation
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  • Custom Index and
    Basket Calculation Solution
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