Gartmore connects to Calastone for funds distribution

Gartmore's mutual fund third-party administrator, IFDS (International Financial Data Services), has connected to Calastone and as a consequence, Gartmore can take advantage of straight-through processing efficiencies, not only from the automation of the entire lifecycle of mutual fund trades including settlement, but also by taking advantage of the business flow process automation achievable by Calastone connectivity.