OneVue, an Australia-based Investment platform and fund services provider has selected Calastone’s global funds transaction network to boost efficiency, reduce risks and lower costs.
The funds transaction network will enable OneVue to automate the messaging service of fund transactions previously communicated by fax.
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Using the Calastone network, OneVue would streamline the delivery of its unit registry service.
Lisa McCallum, COO of OneVue, said: "By using Calastone we can offer a fully integrated service that will boost our fund managers’ wholesale distribution capabilities."
"The growth of flows has been steady over the past 18 months, with inflows in September reaching 1,000 orders per day. We’re delighted to work with OneVue in the unit registry space to open automated channels to a larger sector of the platform and fund manager space," he added.
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