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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MUNICH, Feb. 5, 2026 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system (ESS) provider, today announced a milestone deployment in the European market with the establishment of its first manufacturing facility in Wałbrzych, Lower Silesia. The 65,400 m² facility represents an investment of €230 million and contributes to the development of a robust European clean energy manufacturing ecosystem. The factory is scheduled to become operational within the next 12 months and is expected to create 400 new jobs in the region, fostering local expertise in the renewable energy sector.
"This new facility marks an important milestone for Sungrow in Europe. It allows us to be closer to our customers, respond more effectively to market needs, and will be a cornerstone of Sungrow's strategy to bolster European supply-chain stability while creating skilled employment," said Shawn Shi, President of Sungrow Europe.
Stronger clean energy value chain in Europe
The facility is designed to support large-scale production, with an annual capacity of up to 20 GW for inverters and 12.5 GWh for energy storage systems (ESS). It will integrate advanced manufacturing and quality-assurance capabilities, ensuring high standards of product performance, reliability, and safety.
Marcin Lerner, President of the Management Board of the Wałbrzych Special Economic Zone, said: "As the Wałbrzych Special Economic Zone, we are constantly building a friendly ecosystem for the development of regional, national and international business. The Sungrow investment highlights Poland's growing strategic importance within Europe's clean-energy value stream and shows that Poland, including the industrialized and high-tech developed region of Lower Silesia, is one of the most attractive locations in Europe to scale renewable energy technologies- thanks to public support programs, stable economic growth, accessibility to technical universities and qualified employees.
In addition to strengthening local production, the facility will enhance Sungrow's logistics capabilities across Europe by locating key manufacturing activities closer to customers, reducing lead times and enabling more efficient distribution. This will support greater efficiency and resilience across the region's clean energy value chain.
Shawn Shi added: "Lower Silesia's history of skilled technical expertise in electronics, automation and advanced manufacturing made it the prime location for our new factory. We intend to hire locally to tap into this expertise, as we live our commitment to grow with the communities we serve."
Global expertise and local footprint
Active in Europe since 2005 and being an own legal entity in 2011, Sungrow Europe has expanded its regional presence to twenty-five local representative offices, two R&D centers, twenty-six warehouses, and three Training & Technology Competence Centers and Service Centers in the region, with its European headquarters located in Munich, Germany.
If you would like to learn more about the new factory in Poland, please click here.
About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of June 2025, Sungrow has installed 870 GW of power electronic converters worldwide. The company is recognized as the world's most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: https://www.sungrowpower.com/en
MUNICH, Feb. 5, 2026 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system (ESS) provider, today announced a milestone deployment in the European market with the establishment of its first manufacturing facility in Wałbrzych, Lower Silesia. The 65,400 m² facility represents an investment of €230 million and contributes to the development of a robust European clean energy manufacturing ecosystem. The factory is scheduled to become operational within the next 12 months and is expected to create 400 new jobs in the region, fostering local expertise in the renewable energy sector.
"This new facility marks an important milestone for Sungrow in Europe. It allows us to be closer to our customers, respond more effectively to market needs, and will be a cornerstone of Sungrow's strategy to bolster European supply-chain stability while creating skilled employment," said Shawn Shi, President of Sungrow Europe.
Stronger clean energy value chain in Europe
The facility is designed to support large-scale production, with an annual capacity of up to 20 GW for inverters and 12.5 GWh for energy storage systems (ESS). It will integrate advanced manufacturing and quality-assurance capabilities, ensuring high standards of product performance, reliability, and safety.
Marcin Lerner, President of the Management Board of the Wałbrzych Special Economic Zone, said: "As the Wałbrzych Special Economic Zone, we are constantly building a friendly ecosystem for the development of regional, national and international business. The Sungrow investment highlights Poland's growing strategic importance within Europe's clean-energy value stream and shows that Poland, including the industrialized and high-tech developed region of Lower Silesia, is one of the most attractive locations in Europe to scale renewable energy technologies- thanks to public support programs, stable economic growth, accessibility to technical universities and qualified employees.
In addition to strengthening local production, the facility will enhance Sungrow's logistics capabilities across Europe by locating key manufacturing activities closer to customers, reducing lead times and enabling more efficient distribution. This will support greater efficiency and resilience across the region's clean energy value chain.
Shawn Shi added: "Lower Silesia's history of skilled technical expertise in electronics, automation and advanced manufacturing made it the prime location for our new factory. We intend to hire locally to tap into this expertise, as we live our commitment to grow with the communities we serve."
Global expertise and local footprint
Active in Europe since 2005 and being an own legal entity in 2011, Sungrow Europe has expanded its regional presence to twenty-five local representative offices, two R&D centers, twenty-six warehouses, and three Training & Technology Competence Centers and Service Centers in the region, with its European headquarters located in Munich, Germany.
If you would like to learn more about the new factory in Poland, please click here.
About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of June 2025, Sungrow has installed 870 GW of power electronic converters worldwide. The company is recognized as the world's most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: https://www.sungrowpower.com/en
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Sungrow to open factory in Europe, strengthening local capabilities
