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Calastone launches new office in Switzerland

Global fund transaction network Calastone has launched its new Swiss office in Zurich, in a bid to boost its presence and capabilities as an enabler of domestic and cross border funds STP.

Vittorio Pujatti has been named to the management team, and will join as director of Swiss Sales & Business Development in a move to explore and develop business opportunities in the Swiss market.

Having over 25 years in high-level sales and managerial experience in the Swiss and International securities firms, and financial investments houses, Pujatti has also worked with UBS Investment Bank in Zurich as head of US-Equity Proprietary team and as managing director/branch manager at Instinet Schweiz, among others.

With over 400 customers and 2,500 active trading links in 17 domiciles including the UK, Switzerland, Hong Kong, Taiwan, Singapore and Australia, Calastone routes over £12bn of fund transactions per month through its global network.

The company provides an array of services such as order routing, settlement, reconciliations and valuations, re-registrations, trade notifications, pricing reporting, BIC Hosting, e-Dealing and STP consulting to support customers in their move towards STP efficiency.