The ETF market has experienced unprecedented growth, with global assets under management (AUM) increasing to $12.71 trillion. Recognising this rapid expansion and its potential, Calastone, in partnership with ETF Stream, conducted a comprehensive survey of the three main players in the ETF primary market ecosystem – Asset Servicers, Authorised Participants (APs), and Fund Issuers.
The research uncovers crucial insights and highlights the pressing need for standardisation in the ETF primary market. Here are some key findings:
- Complexity in Products: 40% of asset servicers identify increasing product complexity as the primary challenge, driving the need for advancements in market servicing and technology.
- Settlement Challenges: 38% of ETF issuers highlight the transition to T+1 settlements as the biggest hurdle in ETF primary market servicing.
- Technology Satisfaction: While 60% of asset servicers rate current servicing technology as 'very good,' this sentiment is shared by just over 10% of APs and less than 5% of fund issuers.
Fill out the form displayed to access the full research.