Goldman Sachs uses Calastone for SICAVs 01 May 2012London Reporter: Georgina Lavers
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Goldman Sachs Asset Management has signed up to Calastone’s network order routing service for its range of SICAV funds domiciled in Luxembourg, and Money Market funds domiciled in Ireland.
The independent cross-border transaction network standardises all messages to the Calastone ISO 20022 format.
Peter Hermans, director of European business development at Calastone, said: "We welcome Goldman Sachs Asset Management to our growing list of cross border investment firms enrolled for electronic dealing. They are now well placed to offer their client base an easy and flexible solution for the automation of transactions."
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