Calastone set to shift entire network to blockchain in 2019
New platform will digitalise trading, settlement and distribution of funds through distributed ledger technology.
Tag: mutual funds
RBC I&TS to sell Global Fund Platform to European fund distribution exchange
RBC I&TS will sell the GFP technology and in return, MFEX will provide fund distribution services to the Canadian custodian in a long-term partnership.
Ultimus expands mutual fund distribution platform
The UDA programme was launched last year exclusively to investment adviser clients, focusing on providing timely mutual fund distribution platform information.
Citi establishes FinTech partnership for mutual fund reporting
The upcoming rule changes will involve a dramatic increase in the amount of data reported by mutual and exchange traded funds.
Nasdaq and SEB to build blockchain platform for mutual funds
The aim of the project is to increase efficiencies in processing purchases and sales of fund units.
Ultimus wins real estate middle-office outsourcing mandate
Ultimus will provide a range of middle-office services to Ranger Global's real estate mutual funds.
French asset manager choses SocGen for mutual funds
Societe Generale Securities Services will provide custody services for French asset manager Optimum Gestion Financiere.
Calastone completes blockchain test for mutual funds
Calastone has completed the first phase in a proof of concept designed to apply blockchain to mutual funds transactions.
Northern Trust targets mutual fund automation
Northern Trust will partner with Donnelly Financial Solutions to increase automation of data required under SEC rules.
UK trading and settlement project calls for investment industry input
UK FTS is looking to improve the way mutual funds are traded and settled in an attempt to reduce cost and risk.