Themes Management Company Selects SS&C to Provide Distribution Services for ETF Suite
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Insights
SS&C Technologies Holdings, Inc.'s partnership with Themes Management Company, LLC to provide distribution services for Themes ETFs signifies a strategic move to capitalize on the growing demand for thematic investment options. Thematic ETFs have been gaining traction among investors seeking to invest in specific trends or sectors, such as technology, commodities and aviation, as highlighted in the Themes ETF Trust series. The collaboration is poised to enhance the visibility and accessibility of Themes ETFs, potentially increasing the market share for both SS&C and Themes ETFs.
From a market perspective, the distribution support from a seasoned player like SS&C could enable Themes ETFs to penetrate a broader investor base. Given SS&C's extensive experience and assets under distribution, the partnership could translate into operational efficiencies and compliance adherence for Themes ETFs, which are critical in the highly regulated ETF market.
Investors and stakeholders of SS&C Technologies can view this new partnership as a positive development for the company's growth trajectory. By expanding its service portfolio to include 11 new thematic ETFs, SS&C is diversifying its revenue streams and strengthening its position in the ETF distribution market. The financial implications for SS&C could be significant, considering the $916 billion assets under distribution and the potential for increased assets with the addition of Themes ETFs.
Furthermore, the thematic investment approach adopted by Themes ETFs, focusing on niche opportunities, aligns with current investor sentiment favoring targeted investment strategies. The partnership could attract more assets, boosting SS&C's distribution service revenues and potentially leading to an uptick in the company's stock performance if market reception is favorable.
The partnership between SS&C and Themes ETFs underscores the importance of regulatory compliance in the ETF industry. SS&C's role in handling FINRA compliance and continuing education requirements is a critical aspect of the partnership. Ensuring that Themes ETFs adhere to industry regulations will mitigate legal and reputational risks, which is paramount for maintaining investor confidence in both entities.
SS&C's expertise in legal and fund administration will be an asset to Themes ETFs, particularly as they navigate the complexities of ETF distribution and marketing. The legal oversight provided by SS&C could prevent potential regulatory breaches that could result in fines or sanctions, thereby preserving the integrity and financial health of both SS&C and Themes ETFs.
Themes ETFs is led by CEO Jose Gonzalez-Navarro, who previously cofounded Global X ETFs in 2008 and London-based Leverage Shares ETPs in 2018. The Themes ETF Trust series has 11 thematic ETFs focused on niche opportunities within technology, commodities and aviation, with plans to further expand the lineup. SS&C ALPS Distributors will act as the underwriter and distributor for issuance, redemption and distribution. SS&C will also handle FINRA compliance and continuing education requirements, review marketing and sales literature, and consult and support Themes ETFs' distribution model and strategy.
"We are delighted to partner with SS&C as we launch our newest line of ETFs aimed at helping investors access opportunities shaping the future," said Jose Gonzalez-Navarro. "As one of the most seasoned distributors of ETFs, we are confident SS&C can provide the support we need to reach a wide distribution network and grow our business."
By partnering with SS&C ALPS Distributors, Themes ETFs access a comprehensive suite of SS&C Registered Fund Services for mutual funds, interval funds, ETFs/ETPs, Closed-End Funds and Collective Investment Trusts (CITs). SS&C ALPS Distributors will oversee critical functions such as issuance, redemption, and distribution while providing comprehensive support for FINRA compliance, continuing education requirements, and marketing review. The collaboration ensures regulatory compliance and operational efficiency and enables Themes ETFs to leverage SS&C's deep industry insights and strategic guidance to optimize their distribution model and growth strategy.
"We are truly excited to collaborate with Themes ETFs on the launch of their new thematic ETF series," said Neal Chansky, Head of SS&C Registered Fund Services. "For over 30 years, SS&C has delivered best-in-class distribution support to new and established ETFs. We look forward to partnering with Themes ETFs as they bring these new and exciting strategies to market."
SS&C ALPS Distributors now services more than 300 ETFs with more than
About Themes Management Company
Themes Management Company LLC serves as an adviser to the Themes ETF Trust. Themes ETFs seeks to provide investors with targeted exposure to specific segments of the market via its low-cost ETFs.
Themes ETFs was cofounded by CEO Jose Gonzalez-Navarro, COO Dobromir Kamburov, and General Counsel Tracy Grant.
For more information, please visit themesetfs.com.
About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in
SOURCE: SS&C
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
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SOURCE SS&C
FAQ
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