Calastone Expands Middle East Coverage by Connecting NBAD

Calastone has added the National Bank of Abu Dhabi (NBAD) Global Asset Management to its global order routing community.

The announcement marks the connection of Calastone’s first UAE client, representing further expansion into the Middle East, which Calastone regards as a globally significant region, providing both inward and outward distribution for its customers.

Calastone currently represents more than 760 clients, in 22 countries across the world.

“Highly efficient and effective distribution and processing are key elements in providing excellent customer service, and we believe that being connected to Calastone’s global network will further help us achieve these important objectives,” says Saleem Khokhar, the executive director and head of Fund Management & Equities, NBAD.