ULTUMUS Appoints ‘Mr. Index’ as Solutions Architect for Index and ETF Data

Femi Orangun, also known as Mr. Index, has joined ULTUMUS from IHS Markit to its team of index and ETF specialists, where he will assist in the development of their data platform and production of advanced tooling in conjunction with the recent alliance between ULTUMUS and Velox Financial Technology.

Joining the leading global provider of data creation, management and distribution services for index and ETF products as a Solutions Architect, Femi brings an unparalleled level of knowledge and experience to ULTUMUS and its rapidly growing business. He spent over fifteen years as a primary architect of benchmark feed platforms, including at DeltaOne Solutions, a IHS Markit business, where he designed DeltaOne SOLA application and the Markit XML feed.


Bernie Thurston, Chief Executive Officer at ULTUMUS, said: “Femi joining ULTUMUS is a key hire for the business and a firm commitment to bring the most experienced people on-board for further developing our index and ETF data, meaning that we are the “go to” company for anybody who needs timely or accurate benchmark data.  He is a veteran in the sector and his experience and vision will be key to the team as we continue to grow and develop the business in this exciting and fast moving sector.”

Femi Orangun, Solutions Architect at ULTUMUS, commented: “When I was looking for my next challenge, it was important that I joined a firm that had a vision and strategy with technology at its core, keen on driving change and was attuned to client needs.  I found that with ULTUMUS.  The role not only provides the opportunity to work with some of most experienced and talented individuals in the domain, but also to work on the best and most modern data architecture, free from the legacy dependencies of other providers in the sector. This ultimately allows us to reliably deliver the solutions clients demand and evolve with their needs.”

Fosucing on the index and ETF sectors, where they were the first to deliver data as a service leveraging Amazon Web Services (AWS), ULTUMUS teams span technology, product management and business development across key regional centers in London and Singapore.

ULTUMUS has recently asked Horizon to improve its ETF trading efficiencies with a number of new features including compositions within minutes, full data coverage with over 30 header fields, enhanced economics, and validated data points (NAV recalculations, tracking of capital changes, etc.).
In 2018, big xyt launched liquidity metrics for ETFs with new navigation tools enriched with reference data from ULTUMUS.