The Luxembourg based arm of Schroders has selected Calastone's open architecture cross-border transaction network, to distribute their onshore funds from Luxembourg.

The addition of Schroders Luxembourg to the Calastone network expands the list of onshore and offshore range of funds available for access to distributors and transfer agencies. Flow across Calastone's network is afforded STP throughout the lifecycle of any transaction from trade through to settlement and visibility and transparency are provided Calastone's execution management system.