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Apex Secures Middle Office Mandate for ETF Provider

04 August 2020

London, August 4, 2020 — Apex Group Ltd. (“Apex”), a global financial services provider, announces today that it has secured a mandate to provide middle office solutions to Tabula Investment Management Limited (“Tabula”).

Apex’s dedicated ETF team will be providing specialist fixed income ETF provider Tabula with tailored middle office services as part of Apex’s single-source solution.

This new partnership allows Tabula to benefit from Apex’s extensive experience of servicing ETFs and best-in-class technologies to enhance its operating model, reduce risk and minimise costs. Tabula currently manages a range of six ETFs that target specific risk factors in fixed income, including corporate bond, corporate credit and alternative risk premia ETFs.

This announcement further demonstrates Apex’s expertise in the ETF space and capabilities to support clients, whether they are new to ETFs or established managers such as Tabula seeking an improved service.

Apex’s ETF middle office services include:

  • Static data management
  • NAV verification
  • Reconciliation and dispute management
  • Cash and trade processing
  • Collateral management

For more information on Apex’s ETF services please contact: alan.kelly@apexfs.com

David Rhydderch, Global Head of Financial Solutions at Apex Group comments: “The growth of ETFs has transformed equity investing in the past two decades, and we are excited to be working with Tabula who are at the leading edge of fixed income ETFs, an area poised for further growth. Our dedicated ETF team will leverage their extensive experience to provide Tabula with the insight and services to help support its growth, whilst allowing for greater control of costs and risk.

Michael John Lytle, CEO at Tabula Investment Management adds: “Following an extensive review, we have chosen to partner with Apex to provide Tabula with middle office services. Apex’s robust approach, and use of best-in-class technology, delivers a platform upon which we can continue to develop unique solutions for fixed income ETF investors.

About Apex

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 45 offices worldwide and 3,500 employees, Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of products in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.


Tabula Investment Management Limited

Tabula is an asset manager focused on fixed income. It is based in London and

offers Irish domiciled UCITS funds to European investors, mainly in the form of ETFs. Tabula’s ETFs provide unique solutions in the fixed income space, and help investors achieve greater control of the risks and rewards inherent in institutional investing.


Press contacts:

Head of Media Relations

Antonia Powell Antonia.powell@apexfs.com | +44 (0)77 8990 2279




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