Intunity selects Calastone
Independent cross-border transaction network specialist company Calastone announced this week that superannuation-focused company Intunity had selected Calastone as its preferred network to connect its Vantage SuperStream Gateway to the SuperStream Network.
In a joint announcement, the two companies said the Calastone network would provide Intunity's Vantage SuperStream Gateway clients with a public-facing end-point to the SuperStream network.
Intunity partner Joe Brasacchio said the Calastone arrangement would round out the company's ability to provide clients a means of complying with the SuperStream regulations.
"Offering additional connectivity to Calastone rounds out this offer to create a complete solution for our clients' needs, enabling them to reduce both risk and cost, and focus on value-add services for their members," he said.
Recommended for you
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
Australian investors are more confident than their APAC peers in reaching their financial goals and are targeting annual gains of more than 10 per cent, according to Fidelity International.
Zenith Investment Partners has lost its head of portfolio solutions Steven Tang after 17 years with the firm, the latest in a series of senior exits from the research house.
