Why technology is needed to address the ETF management challenge

  ETFs have recently come to the fore on a global basis, as relatively low-cost, transparent and highly liquid investment vehicles for both retail and institutional investors. Globally, ETF assets under management surpassed $1trn at the end of 2009.  These funds started life as long ago as 1989 when the first ETF was launched in Canada on the Toronto Stock Exchange. This was followed by the first ETF in the US in 1993, in the form of the SPDR tracking the Standard & Poor’s 500 index. Today, each of the leading product providers now offers a full range of ETFs, which cover the main glo...