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ULTUMUS adds to index and ETF team


ULTUMUS, a provider of data creation, management and distribution services for index and ETF products, has added industry veteran Femi Orangun to its team of index and ETF specialists.

Orangun has joined the ULTUMUS team as a Solutions Architect, to assist in the development of the company’s data platform and production of advanced tooling in conjunction with the recent alliance between ULTUMUS and Velox Financial Technology. 
Orangun joins from DeltaOne Solutions, part of IHS Markit where has has spent over fifteen years as a primary architect of benchmark feed platforms, and played a key role in the design of the Markit XML feed and the DeltaOne SOLA application. 
Bernie Thurston, CEO, says: “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.”
Orangun, says: “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.” 

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