Calastone connects to SunGard's STN Funds platform

Calastone Limited, an independent cross-border transaction network for the mutual funds industry, is now connected to the SunGard Transaction Network (STN) order routing platform. This development will offer Calastone's clients automated access to the STN Funds global fund trading network of providers, distributors and aggregators through a single connection. STN Funds provides access to mutual funds, UCITS and exchange-traded funds.

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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