Product Profile

Calastone Settlements

First Release Date:
Language Support:
United KingdomUnited States

Product/Service Description

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.     

Customer Overview

Total Number of customers undisclosed
Customer Size Large Enterprise , Medium , SMB
Customer Type Fund Managers , Mutual Fund Administrators , Securities Lending & Financing Organizations
Target Market Asia , Australia/New Zealand , Europe , Global , North America
Specific georgaphical coverage United Kingdom of Great Britain and Northern Ireland
undisclosed
Demo & Case Study Urls

Features

  • Payment automation with counterparties
  • Real-time visibility of trades and account balances
  • Automated reconciliation and back office operations

Benefits

  • Automated matching of trades
  • Liquidity improvements
  • Reduction in settlement payments

Platform & Workflow

Server OS undisclosed
Workstation OS undisclosed
Programming Language and API undisclosed
SetUp and Installation Options Flexible
Deployment Period undisclosed
Reporting Capabilities Automated reports containing both internal and external referencing together with the netting reference.
Security Options Advanced
The product/service compliant with the following regulatory standards undisclosed

Connectivity, Hosting and Intergration

Hosting Option undisclosed
Hosting provider undisclosed
Devices Supported undisclosed
Compatibility with Database Management System (DBMS) undisclosed
Third party integration undisclosed

Support Services

Support Option Online Support , Phone Support

Alternatives

Media Coverage (Quick Links)