14 July 2009 Company Announcements

 

Calastone supports UK Platform Group use of ISO 20022 for re-registrations

Calastone has voiced its support for the UK Platform Group's decision to elect ISO 20022 standards to underpin future platform to platform registrations.

Kevin Lee, managing director of Calastone said, "In 2008, the international mutual fund industry agreed the use of ISO 20022 as the protocol of choice for all mutual fund transactions.  The decision by the UK Platform Group illustrates the realisation by the UK mutual fund industry to start adopting this standard as the connectivity protocol for re-registrations.  We fully support their efforts to move to ISO 20022 and look forward to helping more providers, distributors and aggregators enjoy immediate ISO 20022 compliance by connecting and enjoying process automation on Calastone's domestic and cross-border transaction network."