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Eamonn O’Callaghan
Global Head of ETF Product
The global exchange traded fund (ETF) market has undergone rapid expansion over the past decade, transforming both investment strategies and the infrastructure required to support them. As assets continue to grow, service providers are adapting their operational models, technology platforms, and expertise to keep pace with a market that is becoming larger and more complex. Eamonn O’Callaghan, Ireland-based global head of ETF Product at CACEIS, says several structural factors have contributed to the growth of the ETF market across regions.
In the current market environment, which is characterised by a growing number of regulatory requirements, shorter settlement cycles (T+1), and increasing operational complexity, many investment managers are reassessing the efficiency of their operating models. Heavy investment into technology, ever-closer integration of processes, tighter control procedures, and enhanced operational scalability have become strategic priorities. ATLAS is CACEIS’ response to the investment management community’s evolving needs.
“There are a number of drivers behind the expansion of ETFs,” explains Eamonn O’Callaghan, Global Head of ETF Product. “One of the most notable developments has been the growth of active ETFs. A few years ago they represented less than two per cent of the market, but that figure has now grown to around six or seven per cent depending on the region.”
While still a relatively small segment compared with passive strategies, the rise of active ETFs is contributing to broader market momentum. At the same time, O’Callaghan points to a shift in investor behaviour, with capital increasingly moving away from traditional mutual funds towards ETF structures. ...
