Calastone opens office in Switzerland

Transaction network provider Calastone has opened an office in Zurich to support its Swiss market business.

The office will support clients’ domestic as well as cross border funds. Calastone’s technology is used to streamline straight through processing in the area of funds transactions, with some £12bn worth of transactions being handled monthly thorugh its network.

Calastone has also appointed Vittorio Pujatti as director of Swiss Sales & Business Development. He brings some 25 years of sales and management experience in Swiss and international securities firms, including roles such as head of US Equity Proprietary at UBS Investment Bank in Zurich and managing director/branch manager at Instinet Schweiz.

Julien Hammerson, CEO and executive chairman of Calastone said: “We are pleased to have Vittorio Pujatti join our management team. Switzerland is an important part of our global business strategy and operative service offering going forward.”

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