James Hay Partnership, a platform for retirement wealth planning, has joined the Calastone global fund transaction network.
James Hay provides a flexible and modular approach to wealth and investment planning and holds more than £16 billion of clients’ investment and pension savings.
It also offers customers access to its Investment Centre, providing access to a selection of investment products.
Joining the Calastone network, James Hay hopes to reduce its transaction risks and improve the online experience for its Investor Centre customers.
Jonathan Willis, chief commercial officer at Calastone, said: “It is a testimony to our standing in the market that James Hay has chosen Calastone for its order routing. As a key distributor client, James Hay adds another important piece to the global automated coverage available on Calastone’s global network.”
“The global funds industry is focused on becoming fully automated from order entry right through to final settlement. Our role is to provide a fully interoperable infrastructure and continue to help our ever-expanding community of participants. We do this by collaborating closely with the industry and maintaining a keen focus on innovation drawn from our experience and expertise.”
COE of James Hay, Alastair Conway, added: “We are committed to constantly improving the user experience at all points along the user journey. Connecting to Calastone and automating our order flow means our clients will benefit from improved operational efficiency and even easier access to investment products from leading fund managers.”
