Which functions can be outsourced without compromising control or efficiency?
Across the industry, different approaches are emerging. Some firms delegate trade execution and operational workflows to third-party providers, while others retain in-house expertise to manage critical processes. The choice impacts operational efficiency, compliance, and how quickly new ETFs can reach the market.
This report breaks down the opportunities and risks of outsourcing ETF capital markets. It explores which processes can be delegated safely, the operational trade-offs involved, and how firms are navigating regulatory and technological challenges to optimize performance.
ETF issuers face rising costs and are exploring outsourcing for operational functions.
Capital Markets manages liquidity, trading, and AP relationships, making it essential
Smaller issuers can outsource parts of Capital Markets for faster market entry and expertise
Most issuers keep Capital Markets in-house to protect liquidity, compliance, and investor trust
Get exclusive access to in-depth reports, market trends, and curated ETF insights—delivered weekly. Built to help you stay sharp, without the noise.
Quick links
©Blackwater 2025
Legal
Quick links
©Blackwater 2025
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |