Summary
Calastone is the largest global funds network, connecting the world’s leading financial organisations.
Our mission is to reduce complexity, risk and costs, enabling the industry to deliver greater value to investors. Over 4,500 clients in 56 countries and territories benefit from Calastone’s services, processing over £250 billion of investment value each month.
Calastone is headquartered in London and has offices in Luxembourg, Hong Kong, Taipei, Singapore, New York and Sydney.
Description of fintech solution
At Calastone, we’ve made it our mission to reduce complexity, risk, and cost, enabling the industry to deliver greater value to the investor. We continuously seek innovative ways to automate and streamline the global investments marketplace, including mutual funds, ETFs and money markets, reducing frictional costs for the benefit of all.
When we were founded, we started to ask why so much value of an investment is lost during the process of investing. We found the industry burdened with inefficiency and manual processes, adding significant cost. We created our network, allowing for the first-time digital connectivity for market participants across the globe, slashing costs and reducing risk. Today, Calastone is the largest global funds network.
Our solutions:
We support a range of fund types – mutual funds, ETFs, money market funds and new fund structures, including tokenised funds, across their lifecycle so the industry can find efficiencies and ways to evolve their businesses in a scalable way. Ultimately, we create the space to innovate at scale so the industry can find ways to deliver greater value back to the end investor.
Describe your key innovations
Funds Market Automation
Calastone has created the largest global funds network which enables firms to reduce cost and risk through automated processing of their fund distribution. This founding initiative of the business now supports over 4,500 firms globally - covering 56 countries and territories.
Digital Investment Tokenisation Programme
Our Digital Investments solution revolutionises the issuance, administration, and distribution of investment products at scale. Using tokenisation, the platform supports the next generation of collective investments through a fully digital, end-to-end solution. By leveraging Distributed Ledger Technology (DLT), Calastone connects all participants in the asset management lifecycle, streamlining the investment process, reducing cost, and eliminating manual processing and errors.
Through our Tokenised Distribution capability, Calastone allows asset managers to transform any fund on the network into a digital token that can be seamlessly distributed via public or permissioned blockchains. This bridges traditional and digital investment ecosystems without requiring changes to existing fund structures or operations, enabling frictionless integration and significantly expanding the market reach.
Solution Lifecycle
Commercialized
Founder's Background
Calastone was founded in 2007 in the UK and went live with its global funds network in 2008. The business has evolved significantly since this time and in 2020 a majority stake in the business was acquired by global investment firm The Carlyle Group.
Founded (Years of Incorporation)
2007
How are you funded today?
Private Equity
Number of employees
233
Presence In Region
Global
Technology
Application Programming Interface (API)
Blockchain
Data automation
HQ Country
United Kingdom
What are the top 3 key benefits your solution will bring to the Asset Management Industry?
Reduced operating costs and risk:
By automating the trading process and leveraging digital technologies, Calastone significantly lowers the operational costs associated with manual processing and trade execution. This automation reduces the risk of errors, improving overall efficiency and reliability in fund transactions. Clients benefit from streamlined operations, which directly translates to cost savings and reduced operational risk.
Increased Accessibility and Efficiency:
Calastone's network facilitates a more accessible and efficient marketplace for investment funds. By connecting more than 4,500 clients across 56 markets, Calastone enables its users to access a truly global network. This widespread connectivity ensures that funds can be traded more efficiently and with greater speed, making the investment process smoother and more accessible for all market participants.
Innovation and enabling digital transformation:
We positions our clients at the forefront of the digital transformation in asset management, providing them with cutting-edge solutions that enhance their operational capabilities and offer new opportunities for growth and development in the rapidly evolving financial markets.
Tell us more about your past client engagements to date and your market penetration?
Calastone have been connecting the funds industry across the globe since 2008 and in that time we have amassed a network of over 4,500 clients across 56 countries and territories providing considerable market penetration.
Do you have any case studies of your solution? If yes, please share it in less than 200 words
see www.calastone.com/category/customer-stories/ for case studies and client experience of Calastone.
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