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Calastone Transaction Network achieves 10,000 trading links milestone

First Published 21st September 2016

London - Calastone, the funds transaction network, has announced that it has reached a significant milestone in its expansion, with its network now providing over 10,000 trading links worldwide.

The Calastone Transaction Network brings automation to the global funds industry, which has historically relied on manual methods of transaction processing. This is achieved by enabling fully automated trading between participant fund managers and distributors, regardless of technology and geography, making all clients fully interoperable.

This growth to 10,000 trading connections reflects an ever-increasing industry willingness to adopt and embrace automation and bring greater efficiency to the fund distribution supply chain.