SVM Asset Management connects to Calastone

SVM Asset Management (SVM), a boutique investment company specialising in UK, European and global equities, has chosen Calastone to manage its order routeing service and also to provide its electronic, interoperable re-registration solution.

The bulletin reporting the pairing says that Calastone’s provision of an order routing service for SVM will reduce the complexity and number of links in the funds processing chain, resulting in greater operational and cost efficiency, and enhanced risk management for SVM. It adds that the Calastone Execution Management System (EMS), a web-enabled user interface providing access to the network, will help SVM monitor and manage transactions in real time.

Calastone adds that it has also been selected by SVM to supply an automated re-registration solution. This service, based on the requirements of a wide range of market participants and developed in collaboration with Calastone User Group members, facilitates the transfer of legal title in fund units between nominees. This allows for STP ‘in specie’ transfer of assets and provides full visibility to all parties during the lifecycle of the transfers.

 

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