Calastone Share Class Conversions (SCC) lets fund firms automate the conversions process and avoids the need for their investors to redeem their investments.
As the world’s largest funds network, firms using the solution can support conversion requests and instructions from any other firm whether they are a user of the Calastone service or not.
The scalable solution alleviates the strain on teams when trying to meet the regulatory deadline, avoids investors being forced to sell out of assets and optimises the overall experience.