Expanded Partnership with Ultumus Powers Next-Gen Custom Baskets
We're proud to announce our expanded partnership with Ultumus (a SIX company) in delivering a streamlined custom basket solution to clients. The end to end solution leverages BITA’s intuitive system for basket design, backtesting, validation and calculation, while providing seamless risk-integration via Ultumus’s data aggregation solution.
✅ Dynamic Basket Creation: Design your baskets in BITACore’s powerful front-end featuring multiple integrated datasets (from sectors to thematics to fundamentals).
✅ Automated Validation & Calculation: Baskets are validated instantly and start calculating in real-time. The system allows intra-day and EOD rebalances, with a variety of reference points for divisor adjustments. Created and/or rebalanced baskets are reflected within seconds in the vendor's terminals.
✅ Corporate actions: End of day output includes 14-day forward looking CAT files and BITA’s specialist CA team ensures seamless application as per the agreed CA methodology.
✅ Risk Integration: All rebalances are reflected within minutes to your risk systems via the Ultumus’s Atlas feed and UI , itself already integrated with the majority of investment banks
Together, we've built a solution that combines BITA's cutting-edge capabilities with Ultumus' proven ETF/ Index data infrastructure and global support. 🎉
Victor Hugo Gomez, BITA CEO: "We're excited to deepen our partnership with Ultumus and put BITACore at the heart of custom baskets workflows. Clients now have a solution that is fast, integrated and custom built for this use-case."
Bernie Thurston, Ultumus CEO: "The partnership with BITA enhances our ability to support clients' evolving needs for custom baskets. Together, our integrated platform provides the reliability, flexibility, and global reach required to turn complex ideas into actionable, market-ready solutions."
Custom baskets just got smarter, faster, and simpler.
Ready to supercharge your custom basket workflow? 📩 sales@bita.io | www.bita.io
About Ultumus
Ultumus is a leading provider of ETF and index data, calculation, and workflow solutions. Owned by SIX Group, which operates the SIX Swiss Exchange and BME Exchange in Spain, Ultumus delivers essential infrastructure to the global ETF ecosystem. Since launching in 2016, Ultumus has built technology-enabled solutions that capture, normalise, enrich, and distribute data daily for over 14,000 ETFs and 3 million indices. Trusted by asset managers, issuers, and authorised participants worldwide, Ultumus is headquartered in London with offices in Singapore and Hawaii. For more information, visit www.ultumus.com and follow Ultumus on LinkedIn.
About BITA
BITA is a leading technology-enabled Fintech, focused on the provision of investment customization technology, indexes, and indexing solutions to asset & wealth managers, registered investment advisors, and other financial institutions across multiple markets. From traditional passive investing to direct indexing, BITA’s infrastructure has been designed to support investment customization at scale. For more information, visit www.bita.io/