Calastone has revealed that RARE has chosen the firm to automate its global funds transactions.
Calastone’s single-to-many cross border fund service automates the flow from participating platforms and custodians into RARE’s global fund range registered across Australia, the US, Canada, the UK, Ireland, the Netherlands, Cyprus and Switzerland.
Peter Hermans, European sales and business development director at Calastone, said: “We are delighted that RARE has signed up to use Calastone’s global network to transact their funds.”
“We help clients connect to their distributors via the Calastone community utilising our automated messaging service, which provides further efficiency to fund transactions, reducing costs and risk.”