Calastone Settlements automates the reconciliation and settlement process of investment funds through a single account. All the parties involved in the transaction including fund managers, distributors and transfer agents can gain efficiency using Calastone Settlements. The financial institutions that have leveraged the solution include Schroders and Hargreaves Lansdown.
- Payment automation with counterparties
- Real-time visibility of trades and account balances
- Automated reconciliation and back office operations
- Automated matching of trades
- Liquidity improvements
- Reduction in settlement payments