Multifunds and Ultumus form a partnership
05 February 2026 Luxembourg
Image: WrightStudio/stock.adobe.com
Multifonds, a global provider of fund administration software and SaaS solutions, and Ultumus, a subsidiary of SIX Group, have partnered.
This cooperation aims at supporting asset managers and fund administrators seeking to expand into the exchange traded fund (ETF) market.
Under the agreement, Multifonds’ clients will gain access to Ultumus’ ETF technology through a standard connector available on the Multifonds platform.
The integration intends to support ETF launches and ongoing operations by linking fund administration and investor servicing with ETF-specific infrastructure.
As part of the collaboration, Multifonds will provide fund accounting and investor servicing capabilities, while Ultumus will contribute its ETF infrastructure, including creation and redemption processing, portfolio composition file (PCF) calculation, and connectivity with authorised participants and market makers.
Oded Weiss, CEO at Multifonds, says: “This partnership offers the market an integrated solution that eliminates the operational burden associated with ETF launches and administration.”
Bernie Thurston, CEO at Ultumus, adds: “The ETF market is evolving rapidly, and asset managers need partners who understand both the traditional fund administration business and the unique operational requirements of ETFs.
“Multifonds' client relationships, combined with our specialised ETF technology and market maker network, create a powerful solution for firms looking to participate in the ETF growth opportunity without building entirely new infrastructure.”
The partnership also focuses on supporting ETF activity across multiple regions, the firm adds.
Ultumus’ network of authorised participants and market makers in Europe, Asia, and Canada will be combined with Multifonds’ experience operating across more than 35 jurisdictions.
Weiss adds: “We're seeing a fundamental shift in how asset managers and fund administrators think about product structure. This isn't just about launching new products — it's about giving existing fund families the tools to evolve with market demand. Our partnership with Ultumus provides that capability at scale.”
This cooperation aims at supporting asset managers and fund administrators seeking to expand into the exchange traded fund (ETF) market.
Under the agreement, Multifonds’ clients will gain access to Ultumus’ ETF technology through a standard connector available on the Multifonds platform.
The integration intends to support ETF launches and ongoing operations by linking fund administration and investor servicing with ETF-specific infrastructure.
As part of the collaboration, Multifonds will provide fund accounting and investor servicing capabilities, while Ultumus will contribute its ETF infrastructure, including creation and redemption processing, portfolio composition file (PCF) calculation, and connectivity with authorised participants and market makers.
Oded Weiss, CEO at Multifonds, says: “This partnership offers the market an integrated solution that eliminates the operational burden associated with ETF launches and administration.”
Bernie Thurston, CEO at Ultumus, adds: “The ETF market is evolving rapidly, and asset managers need partners who understand both the traditional fund administration business and the unique operational requirements of ETFs.
“Multifonds' client relationships, combined with our specialised ETF technology and market maker network, create a powerful solution for firms looking to participate in the ETF growth opportunity without building entirely new infrastructure.”
The partnership also focuses on supporting ETF activity across multiple regions, the firm adds.
Ultumus’ network of authorised participants and market makers in Europe, Asia, and Canada will be combined with Multifonds’ experience operating across more than 35 jurisdictions.
Weiss adds: “We're seeing a fundamental shift in how asset managers and fund administrators think about product structure. This isn't just about launching new products — it's about giving existing fund families the tools to evolve with market demand. Our partnership with Ultumus provides that capability at scale.”
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