Calastone Settlements for Australia______

Calastone Order Routing and Settlements connects and automates the order routing, settlements calculation and payments processes with all your trading partners. It instantly updates each system, reconciles trades-to-payments, finalises settlement calculations and initiates bank payments using any bank, settlement method and cycle.

Calastone Order Routing and Settlements connects and automates the order routing, settlement calculation and payments processes with all your trading partners. It instantly updates you, reconciles trades-to-payments, finalises settlement calculations and initiates bank payments using any bank, settlement method and trade cycle.

This service allows operations teams to:

• Cut the risk of errors posed by stressful end-of-day cut offs through automation of orders and cash settlement calculation and payments
• Have oversight over payment status
• Deploy their SMEs to other value-add activities and business requirements
• Deliver a superior level of client experience to your fund managers and investors

Operations teams using Calastone Order Routing and Settlements can streamline their daily task list meaning manual actions are reduced such as data rekeying and four-eye checks as well as reducing the risk of errors.

Firms using the order routing and settlement solution can redeploy their resources to other business critical and value add activities while benefiting from the added oversight that an automated system provides. This equates to meeting SLA requirements and enhanced client experience.

Get the views of Australian platforms, registries and fund managers who completed our settlements survey.

Discover how settlements processing challenges impact their business, why most firms are held back by late cash settlements and delayed trade-to-payment reconciliations.

Created for the industry – Designed for the Australian funds industry to enhance trading relationships while cutting operational cost and risk.

Easier reconciliations – All cash payments include a reference to enable users to automate the cash-to-trade reconciliation process.

Reduce operational cost and risk – One automated trade and settlement process creates investment certainty and cuts the risk of error and delay

Transparency – Our digital solution affords full visibility over the settlement calculation and the status of each payment once it is made.

Tailored for the Australian market – catering for our non-contractual settlement market where applications are made on Trade Date and redemptions are paid on Settlement Date.  For Australian domestic payments, NPP is used to enable cash settlement in real time or a scheduler can be used for additional flexibility and control on your funding requirement