ETF Share Class Readiness​
Launching ETF share classes within existing mutual fund portfolios allows share exchanges between ETF and mutual fund classes, unlocking tax efficiency, investor choice, and new distribution opportunities. Achieving this requires a significant lift, ensuring seamless interoperability for processing trades, handling in-kind creations and redemptions, managing interclass exchanges, and aligning all service providers around the new dual-class model.
MAXIMIZING MUTUAL FUNDS
Opportunity That Meets The Challenge
ETF share classes are reshaping product structures in the asset management industry creating powerful flexibility that in turn requires new workflows, system enhancements and integrations across fund accounting, portfolio construction, basket creation, trading, data, reporting, and compliance systems.
AS TRUSTED ADVISORS OUR EXPERTS HAVE IDENTIFIED KEY CHALLENGES FOR FIRMS LIKE YOURS
DUAL-CLASS NAV
PROCESSING
Calculate iNAV throughout the day for ETFs, and ensure daily NAV accuracy across both ETF and mutual fund share classes.
OPTIMIZATION & EXCHANGE FUNCTIONALITY
Enable in-kind exchanges between share classes within one portfolio while maintaining tax optimizations and accounting integrity.
OMS & TRADING
WORKFLOWS
Manage ETF creation/redemption processes alongside traditional mutual fund trades.
DATA & REPORTING
Reconcile investor activity and performance reporting across two share classes.
COMPLIANCE OVERSIGHT
Monitor wash sales, fair valuation, and capital gains consistency across classes.
Each challenge touches multiple systems and workflows making cross-functional alignment essential.
Adeptyx Next State
Adeptyx brings hands-on domain experts who understand the interplay across investment systems — portfolio construction, portfolio management, fund accounting, OMS, data warehousing, and reporting — and follow a proven framework we call Next State to design your ETF Share Class solution.
CURRENT STATE
Map existing fund structures, data flows, and intersystem dependencies – identifying where ETF mechanics and share exchanges will impact core workflows.
FUTURE STATE
Define an operating model and system architecture that supports ETF and mutual fund share classes – exchange logic, NAV synchronization, creation/ redemption workflows, and reporting needs.
PROOF OF
CONCEPT & TEST
Design, develop, and test ETF and mutual fund share exchange functionality to ensure accurate accounting, data integrity, and performance reporting prior to rollout.
IMPLEMENT &
INTEGRATE
Partner with internal teams to manage configuration, model data updates, automate testing, and support post-launch ensuring smooth transition from concept to delivery.
RESULT: Future-ready fund structure with ETF share class solution. Robust system integration. Flexibility to confidently support investor exchanges.
Your Roadmap. Our Resources. A Strong Partnership.
ETF & Mutual Funds Share Class Expertise
We understand your desired solution and the complexity it demands.
Investment System Depth
Expertise across OMS, fund accounting, risk, reporting, and data platforms.
Embedded Delivery Model
We work directly with your teams to accelerate delivery and knowledge transfer.
Track Record with Leading Firms
Our consultants have driven successful technology initiatives for firms including Vanguard, Fisher Investments, and Manulife.
Practical, Scalable Engagements
From discovery to implementation, we tailor our approach to fit your roadmap and resources.
Case Study – we've done this before
Adeptyx delivered expert solutions as a trusted partner when engaged by a top 3 asset manager.
Developed consistent global investment philosophy and strategy for Management of Mutual Funds and ETFs.
Designed + Implemented custom-built application for Portfolio Management Integration using a tool for Portfolio Optimization (equity and currency) and Risk Management.
Facilitated Data Management Platform and Continuous IBOR integrations with OMS for Compliance and Order Management.
Ready to Explore ETF Share Class Capabilities?
Enabling ETF share classes — and mutual fund share exchanges — requires more than just a systems upgrade. It’s an enterprise-level transformation that touches every part of your investment operations. Adeptyx helps you design and execute it with confidence.
Schedule a 30-Minute Discussion with an Adeptyx Expert.
​Adeptyx provides specialized consulting for investment management firms, delivering expertise across trading systems, portfolio platforms, fund accounting, and infrastructure. We embed domain experts who understand your business imperatives, helping accelerate delivery on highly strategic technology and operational initiatives.
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