Goldman Sachs AM to use Calastone
Independent cross-border transaction network Calastone this week announced that Goldman Sachs Asset Management had gone live on the network's order routing service for its Australian-domiciled funds.
The Goldman Sachs addition was confirmed this week by Calastone joint founder Kevin Lee, who referenced a growing list of Australian-based firms on the network.
The company markets its offering as the only venue where the global funds industry can meet to send and receive fund order messages, irrespective of their size, geographic location, preferred messaging protocol or technology.
AUTHOR
Staff Writer
Recommended for you
Following an extraordinary general meeting today, Dixon Advisory parent company E&P Financial Group’s shareholders have voted on its proposed delisting from the ASX.
While overall financial adviser numbers have dipped below 15,500 this week, Rhombus Advisory is experiencing growth and approaching 500 advisers in its ranks.
Iress’ Xplan continues to dominate the financial planning software market with a multitude of uses, according to Netwealth research, despite newer players battling for a piece of the pie.
ASIC has shared the percentage of breach reports related to financial advice in FY24, noting increased reporting by smaller AFSLs.
