Strategic Combination Provides Asset Managers, Fund Administrators and Transfer Agents with an Integrated solution to support Exchange-Traded Funds
LUXEMBOURG, Feb. 5, 2026 /PRNewswire/ -- Multifonds, a leading global provider of fund administration software and SaaS solutions and Ultumus, a SIX Group company specialising in ETF infrastructure technology, today announced a strategic partnership designed to enable fund providers to rapidly expand into the fast-growing ETF market.
The collaboration gives Multifonds' clients direct access to Ultumus' specialised ETF technology platform and extensive network of Global authorised participants and market makers, enabled through a standard off-the-shelf connector now available on Multifonds platform.
Capitalising on the ETF Conversion Trend
With ETF assets growing at unprecedented rates, asset managers are increasingly seeking efficient pathways to launch ETF share classes or convert existing mutual fund strategies into ETF wrappers. This partnership addresses that demand by combining Multifonds' market-leading fund administration and investor servicing platform – which currently supports over $10 trillion in assets across 40,000+ funds in 35 jurisdictions, with Ultumus' proven ETF operational infrastructure.
"This partnership offers the market an integrated solution that eliminates the operational burden associated with ETF launches and administration" said Oded Weiss, Chief Executive Officer at Multifonds.
Comprehensive ETF Infrastructure Solution
The partnership brings together complementary capabilities:
- Multifonds provides the established fund accounting and investor servicing platform already trusted by 9 of the world's top 15 global fund administrators globally
- Ultumus contributes specialised ETF infrastructure including the COSMOS platform for creation and redemption processes, advanced PCF (Portfolio Composition File) calculation capabilities, and established relationships/distribution network with Global authorised participants and market makers
- Together, the combined offering and connectivity enables end-to-end ETF operations from fund accounting through trading and settlement, all on an integrated technology stack
Unlocking European Market Access
A key differentiator of the partnership is Ultumus' deep relationships with European, Asian and Canadian authorised participants and market makers – critical counterparties in the ETF ecosystem that enable efficient trading and liquidity provision. This network, combined with Multifonds' experience across more than 35 jurisdictions, provides asset managers and fund administrators with immediate access to the infrastructure needed to successfully launch and operate ETFs in Global markets.
"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," said Bernie Thurston, CEO of Ultumus. "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."
Integrated Technology, Reduced Time-to-Market
The partnership enables Multifonds clients to:
- Rapidly launch ETF products
- Leverage an integrated infrastructure for fund accounting and investor servicing using the Multifonds platform across mutual funds and ETF
- Access Global authorised participants and market makers through Ultumus' network
- Automate creation and redemption processes increasing STP rates and reducing Risk
- Ensure accurate, timely PCF delivery to market participants
- Maintain operational control through integrated reporting and oversight
Supporting Industry Transformation
The collaboration comes at a pivotal moment for the asset management industry, especially with the move to T+1 settlement in Europe. Recent regulatory changes enabling ETF share classes of existing mutual funds, combined with strong investor preference for ETF structures due to tax efficiency and lower costs, have accelerated demand for solutions that bridge the mutual fund and ETF worlds.
"We're seeing a fundamental shift in how asset managers and fund administrators think about product structure," added Weiss. "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."
About Multifonds
Multifonds is a leading global provider of fund administration software. The company offers fund accounting, portfolio accounting and investor servicing solutions on a single platform. Supporting over $10 trillion in assets for both traditional and alternative funds across more than 35 jurisdictions, Multifonds serves the world's leading global custodians, third-party administrators, insurance companies, and asset managers. For more information, visit www.multifonds.com.
About Ultumus
Ultumus, a SIX Group company, is a specialised provider of ETF and index data technology infrastructure. The company delivers critical ETF services including PCF calculation, the COSMOS platform for creation and redemption processes, and multi-provider data aggregation to major global financial institutions. Ultumus serves leading asset managers, broker-dealers, and market infrastructure providers globally. For more information, visit www.ultumus.com.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Multifonds and Ultumus Join Forces to Accelerate ETF Expansion in Europe, Asia and North America
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DUBAI, UAE, April 3, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the latest instalments of the Bybit Alpha Trading Fiesta. From now until June 22, 2026, participants can compete for 600,000 USDT in rewards across four seasons (Season 6 to Season 9), with a chance to snag the top prize of 8,000 USDT in the trading competition segment in each round.
Recording over $150 million in trading volume since its commencement, the Bybit Alpha Trading Fiesta has been celebrated by thousands of alpha hunters. From now until April 20, 2026, Bybit Alpha Trading Fiesta Season 6 offers two reward mechanisms catering to traders of varying experience levels. Parallel to a competitive leaderboard, the Alpha Lucky Draw offers an alternative reward track for everyday traders:
- Alpha Lucky Draw: Featuring a 50,000 USDT prize pool, Bybit Alpha users can earn lucky draw tickets and win up to 100 USDT by completing their first trade or liquidity farming order on Bybit Alpha, or achieving their daily trading volume target.
- Alpha Trading Competition: With 100,000 USDT in prizes up for grabs, the competitive segment is for avid traders who aim to win big on leaderboards. The top 100 leaders will receive tiered rewards with 4,000 USDT, 6,000 USDT, and 8,000 USDT in rewards for the top three traders respectively.
How it works: After signing up for the Fiesta in each Season, users simply need to select their preferred tokens and trade on Bybit Alpha with their Unified Trading Account balance
As cryptocurrency markets evolve and traders seek to diversify beyond mainstream tokens, Bybit Alpha emerges as a gateway to alternative opportunities. The platform offers participants access to innovative and the latest trending projects. With Bybit Alpha Trading Fiesta, Bybit reinforces its commitment to empowering traders with tools that unlock competitive advantage and portfolio diversification.
The crypto trading community spans across varying risk appetites and trading horizons. Through Alpha, Bybit positions itself as a partner in traders' evolution, delivering infrastructure that bridges the gap between retail participation and institutional-grade trading sophistication. As the Crypto Ark, Bybit is dedicated to supporting traders at every stage of their crypto journey.
Terms and conditions apply. For details of participation requirements and restrictions, users may visit: Alpha Trading Fiesta Season 6
#Bybit / #TheCryptoArk / #IMakeIt
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
DUBAI, UAE, April 3, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the latest instalments of the Bybit Alpha Trading Fiesta. From now until June 22, 2026, participants can compete for 600,000 USDT in rewards across four seasons (Season 6 to Season 9), with a chance to snag the top prize of 8,000 USDT in the trading competition segment in each round.
Recording over $150 million in trading volume since its commencement, the Bybit Alpha Trading Fiesta has been celebrated by thousands of alpha hunters. From now until April 20, 2026, Bybit Alpha Trading Fiesta Season 6 offers two reward mechanisms catering to traders of varying experience levels. Parallel to a competitive leaderboard, the Alpha Lucky Draw offers an alternative reward track for everyday traders:
How it works: After signing up for the Fiesta in each Season, users simply need to select their preferred tokens and trade on Bybit Alpha with their Unified Trading Account balance
As cryptocurrency markets evolve and traders seek to diversify beyond mainstream tokens, Bybit Alpha emerges as a gateway to alternative opportunities. The platform offers participants access to innovative and the latest trending projects. With Bybit Alpha Trading Fiesta, Bybit reinforces its commitment to empowering traders with tools that unlock competitive advantage and portfolio diversification.
The crypto trading community spans across varying risk appetites and trading horizons. Through Alpha, Bybit positions itself as a partner in traders' evolution, delivering infrastructure that bridges the gap between retail participation and institutional-grade trading sophistication. As the Crypto Ark, Bybit is dedicated to supporting traders at every stage of their crypto journey.
Terms and conditions apply. For details of participation requirements and restrictions, users may visit: Alpha Trading Fiesta Season 6
#Bybit / #TheCryptoArk / #IMakeIt
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Bybit Alpha Trading Fiesta Returns with 600,000 USDT in Rewards
