Calastone Settlements, the global fund transaction network, has successfully onboarded Standard Life Investments (SLI), based in Edinburgh, Scotland, to its automated funds settlement solution. The London-based Calastone, designed specifically for the funds industry, automatically matches trades and calculates the net settlement position between each trading counterparty. The adoption of the solution means that SLI will… Read More >>
U.K. Election to Decide Brexit’s Path
The horrific bombing at the Manchester arena this week has temporarily suspended all campaigning for the June 8 U.K. election. Before the tragic event though, the Labour party was gaining ground and while the Tory party is still expected to win, its majority may not be as great as initially expected. The latest polls released… Read More >>
Standard Life Creates a Game-Changer via Aberdeen Acquisition
It is too early to tell whether the £3.8 billion [$4.6 billion] merger of Scottish firms Standard Life Investments (SLI) and Aberdeen Asset Management is a match made in heaven. But given the last few years it was clear they could not go it alone. Together, they create the largest U.K. and second biggest European… Read More >>
