PCF Solutions

ULTUMUS provides PCF and basket composition data on ETFs, and also more broadly tracks industry trends by assets, inflows, outflows and asset class.

Many clients using ULTUMUS to calculate Portfolio Composition Files (PCFs), including Market Makers, APs, Trading Desks, Issuers and transfer agents, are increasingly also adding Cosmos, its award-winning smart operational create/redeem platform, which handles the lifecycle of ETF related operations, from approving new creation and redemption orders through to settlements. COSMOS builds on Ultumus’ extensive dynamic library of near real time global data on ETFs, their underlying portfolios and portfolio composition files, provided for leading ETF players in crypto and conventional asset classes. It is natural and logical to plug these into order flow and work flow management to complete the operational jigsaw.

COSMOS provides automated processes, user interfaces (UIs) and handy dashboards, and application programming interfaces (APIs), all housed in the cloud, which enhance efficiency, and smart programs also flag up potential validation errors. All of this provides an audit trail of steps and stages, which is helpful for compliance as well.

Thus the old ETF operating landscape of fragmented and disparate portals, systems and processes, sometimes requiring ad hoc emails and messaging, is giving way to centralized, standardised aggregation solutions that expedite and coordinate the operational machinery and routines of the ETF ecosystem. COSMOS engenders a virtuous circle for the entire ETF ecosystem, accommodating all players in a single portal. Centralising order flow streamlines order placement, which generates cost, time and accuracy efficiencies for APs, sponsors and transfer agents.