NBAD Connects to Calastone Global Network
This represents Calastone first step into the United Arab Emirates and expands its footprint within the Middle East. The bank will see significant operational cost and risk reduction while automating its trade processing.
"We will enable the bank to send orders through a single connection to Calastone in the format they chose and we translate this into the format required by the other counterparty," says Ken Tregidgo, the deputy CEO and head of strategy and business development at Calastone. "So
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