Goldman Sachs Asset Management has signed up to the Calastone networks order routing service for its SICAV funds domiciled in Luxembourg and money market funds domiciled in Ireland.
Through Calastone, the global fund industry can meet to send and receive fund order messages, irrespective of their size, geographic location, preferred messaging protocol or technology. The network standardizes all messages to ISO 20022 format, automating the trading lifecycle.
“We welcome Goldman Sachs Asset Management to our growing list of cross border investment firms enrolled for electronic dealing, says Peter Hermans, director of European Business Development at Calastone. They are now well placed to offer their client base an easy and flexible solution for the automation of transactions.”
(CG)