Calastone names former Citi and HSBC exec as new head of Brazil
Drawing on his 25 years’ experience in securities services, funds services and capital markets across Citi and HSBC, executive will drive growth for the business in Brazil.
Drawing on his 25 years’ experience in securities services, funds services and capital markets across Citi and HSBC, executive will drive growth for the business in Brazil.
Partnership will see Calastone and Microsoft deploy Calastone’s platform on Microsoft Azure.
Funds affiliated with The Carlyle Group will support Calastone in accelerating its growth, including broadening its product suite and international expansion.
The findings highlight the sharp divide between processing fund transfers manually that require ‘wet’ signatures and using an automated system.
The group will collaborate on setting standards for building distributed applications, including frameworks on token definitions and contracts
Through the asset manager’s ‘Morgan Money’ trading platform, it has become the first in the market to offer automated settlement with Calastone's technology.
Northern Trust has hired Calastone's former head of product development lead the implementation of Matrix across fund services.
Calastone has been engaging with a community of early adopters who have had access to the technology, including custodians and fund managers.
New platform will digitalise trading, settlement and distribution of funds through distributed ledger technology.