Australian fund manager OneVue has joined Calastone’s global funds transaction network to automate fund transactions previously communicated by fax.
With Calastone, OneVue will be able to streamline the delivery of its unit registry service in order to enhance its fund-processing efficiency, and reduce risks and costs.
“Traditionally, data was input by operators manually, so we’re pleased to offer automation to our clients who will benefit from improved efficiency, risk mitigation and cost,” says Lisa McCallum, OneVue's chief operating officer. “By using Calastone we can offer a fully integrated service that will boost our fund managers’ wholesale distribution capabilities.”
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