Aviva Investors connects to Calastone

Aviva Investors has signed an agreement to make its UK domiciled retail funds available via the global Calastone transaction network.

Aviva Investors will use connectivity to Calastone's global fund distributors and aggregators through a single connection, in order to gain cross-border trading access to distributors and aggregators. Calastone provides participants with straight through processing capabilities and are so they should be able to track exceptions on a real-time basis.

Aviva Investors' third party administrator, IFDS is connected to Calastone and, as a consequence, Aviva Investors can take advantage of STP efficiencies through automation of the entire mutual fund transaction lifecycle including settlement and business flow process automation.

February 2012

Latest Issue

Download

Issue Archive

Subscribe to our Newsletter

Sign up to receive FREE Banking Technology news alerts straight to your inbox

Latest Whitepaper

Technology-The Key to Engaging Gen-Y Customers

Banks cannot afford to ignore Gen-Y. In a report, Catalysts for Change: The Implications of Gen-Y Consumers for Banks, Deloitte says Gen-Y could become the