Introducing Calastone Share Class Conversions______

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.

Investors are demanding fund firms ensure they are in the best value funds. This means being able to move them between fund classes quickly and easily.

Calastone has listened to market requests to enable firms to manage the share class conversions process at scale, with any trading partner. Firms even get real time visibility over the status of each conversion.

During this webinar Sharn Rai, Product Manager, Calastone, and Ben Carew-Gibbs, Relationship Manager, Calastone, explained:

• How Calastone’s automated share class conversion process lets fund firms support conversion requests using a range of message formats
• How this service is enabling firms to manage large numbers of conversions quickly and meet regulatory requirements.
• How the Calastone conversion process works in the case of an asset transfer.

If you would like to discusst how Calastone Share Class Conversions lets fund firms support conversion requests more easily and quickly with any other organisation contact us and a member of the team will be be in you as soon as possible.