Ryedale, a leading investment management solutions provider, is pleased to announce the successful implementation of its integrated portfolio management platform by Texas Capital Bank. This partnership marks a significant milestone in its commitment to delivering comprehensive solutions for ETF management.
Texas Capital Bank, a full-service financial services institution based in Texas, has chosen Ryedale's portfolio management platform to manage their ETF management operations. Texas Capital made an entry into ETFs in July this year with new Texas Equity Index fund which offers investors an opportunity to gain exposure to one of the largest, most diverse and fastest economies in the world.
With Ryedale's software, Texas Capital Bank gains access to an integrated investment technology platform that incorporates an IBOR, OMS, broker connectivity, and ETF-specific functions, such as custom baskets, tax optimization and negotiating with multiple Authorized Participants.
Ryedale's exceptional ETF capital markets capabilities played a crucial role in Texas Capital Bank's decision to choose its software. Ryedale’s expert team of engineers worked closely with Texas Capital throughout the implementation process to ensure a seamless integration.
"Our partnership with Texas Capital demonstrates our commitment to delivering cost-effective and easy-to-implement solutions for ETF issuers," said Ryedale's CEO, Jon Rushman. “We look forward to supporting Texas Capital as they grow their range of ETFs."
Edward Rosenberg, head of ETF & Funds Management for Texas Capital and president of the Texas Capital Funds Trust said: “We’re excited to have discovered a technology partner that fulfils the needs of ETF capital markets in an out-of-the-box solution."