Calastone brings new level of automation to Class B funds with introduction of CDSC solution in Taiwan
- Written by The Bulletin
- Calastone's Contingent Deferred Sales Charge (CDSC) solution digitalises the record of investor holdings and automates the calculation process for transfer agents creating efficiencies and cost savings for asset managers
- New registry technology complements traditional transfer agent technology with added benefits providing end-to-end automation and supporting scale
- First solution to automate Class B Share mutual fund deployment sees early-adoption in Taiwan as Calastone continues to extend its service offering in the market
TAIPEI, TAIWAN - Media OutReach - 14 June 2023 - Calastone, the largest global funds network, today announces the introduction of its Contingent Deferred Sales Charge (CDSC) solution.