Calastone has announced that Dimensional Fund Advisors has joined its global fund transaction network service.
The firm has over $280 billion in assets under management, and is using the network for fund administration operations for its Australian and New Zealand-based clients. The network will enhance automation in communications and processing.
"Our business is founded on the principle of delivering great investment outcomes for clients reliably and at low cost, so using Calastone was an easy decision for us to make," says Glenn Crane, CEO at Dimensional Australia.
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