Ruffer Automates Trade Notifications With New Calastone Service

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London-based investment management firm Ruffer has gone live with an automated trade notification service recently launched by global fund transaction network provider Calastone.

The service is designed to reduce users' operational risk and costs. It automatically generates trade notifications containing settlement data based on price messages sent from the fund providers. In turn, the service sends settlement instructions to custodians, and uses logical messaging based around a set of technical

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