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The partnership will enhance Prescient Fund Services’ ETF order management capabilities across Europe and South Africa, with Ultumus also providing Portfolio Composition File (PCF) calculation services for its European ETF offering*.
London, 16 October 2026 – Prescient Fund Services, a global full-suite fund services firm, today announced a strategic partnership with Ultumus, a global provider of ETF and index data and technology. Under the agreement, Ultumus will provide its ETF order management system (OMS) to support Prescient Fund Services’ ETF operations across Europe and South Africa. Ultumus will also provide PCF calculation services for Prescient Fund Services’ European ETF offering.
The partnership strengthens Prescient Fund Services’ ETF operating model with specialist order management infrastructure designed for the demands of modern ETF markets. Across Europe and South Africa, the OMS will support more efficient creation and redemption workflows and a more resilient service experience for issuers and authorised participants. In Europe, Ultumus’ PCF calculation service will further support timely and accurate PCF production.
Implementation will be phased to align with Prescient Fund Services’ strategic growth plans and the distinct requirements of each market. The order management system will support the firm’s South African and European ETF operations, while the Ultumus PCF calculation service will form part of the European offering.
“As ETF markets continue to evolve, issuers need infrastructure that can scale with growing volumes, increasing product complexity and expanding investor demand. Our partnership with Ultumus strengthens order management across our European and South African ETF operations, while adding specialist PCF calculation support to our European offering. Ultimately, this is about giving our clients the efficiency, reliability and resilience they need for the next phase of ETF growth.”
— Ben Meyer, Head of Capital Markets, Prescient Fund Services
“Prescient Fund Services will be operating across two important ETF growth markets and needs technology that can support the pace and complexity of that growth. By deploying our ETF order management system across Europe and South Africa, alongside our PCF calculation service for Prescient Fund Services’ European offering, this partnership will provide issuers and authorised participants with efficient, reliable workflows supported by our market-agnostic data and technology.”
— Giles Sarton, Global Head of Business Development, Ultumus
*subject to regulatory approval
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About Prescient Fund Services
Prescient Fund Services is a global full-suite fund services firm that has been a reliable and trusted partner to successful investment managers worldwide for over 27 years. Supporting more than 135 investment manager clients across South Africa, Ireland, the United Kingdom and Guernsey, the business delivers a comprehensive range of platform, administration, management company and capital markets solutions.
Prescient Fund Services (Pty) Ltd is licensed with the Financial Sector Conduct Authority in South Africa as a Category I Financial Services Provider (FSP No. 43191), authorised to provide intermediary services.
Prescient Management Company (RF) (Pty) Ltd is a South African Management Company that provides platform hosting services to traditional and alternative collective investment funds. Prescient Management Company (RF) (Pty) Ltd is registered and approved under the Collective Investment Schemes Control Act (CISCA) (No. 45 of 2002) Registration number 2002/022560/07 and acts as a representative office.
Prescient Fund Services (Ireland) Limited is authorised and regulated by the Central Bank of Ireland as a UCITS Management Company under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011, as amended, and as an Alternative Investment Fund Manager under the European Union (Alternative Investment Fund Managers) Regulations 2013, as amended.
About Ultumus
Ultumus is a leading provider of ETF and index data, calculation, and workflow solutions, and the largest independent PCF calculation agent globally. Owned by SIX, which operates the SIX Swiss Exchange and BME Exchange in Spain, Ultumus delivers essential infrastructure to the global ETF ecosystem. Founded in 2016, Ultumus captures, normalises, enriches, and distributes index and ETF data, with an ETF Order Management System that processes creation and redemption workflows straight through to more than 35 APs, transfer agents, and custodians. Trusted by asset managers, issuers, and authorised participants worldwide, Ultumus is headquartered in London, with offices in Singapore, Hong Kong and the US supporting clients globally.
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