State Street Corp. and SS&C Technologies plan to restructure the European components of their record-keeping solutions and business process outsourcing joint venture, dubbed International Financial Data Services (IFDS), but will keep their IFDS Canada effort intact for North American markets, officials say. IFDS Canada, Ireland, and Luxembourg are 50/50 joint ventures between State Street and… Read More >>
Abrdn Extends SS&C GIDS Coverage to Singapore
Global investment company and asset manager Abrdn plc, formerly known as Standard Life Aberdeen, is continuing its long-term transfer agency relationship with SS&C Global Investor and Distribution Solutions (GIDS) for its U.K. and Luxembourg fund ranges and will extend that coverage for its Singapore efforts, officials report. SS&C GIDS, which is part of SS&C Technologies,… Read More >>
Marlborough Taps SS&C for Fund Services
Marlborough, a U.K. investment management and fund solutions group, has selected SS&C Technologies to provide fund accounting, middle-office, and transfer agency services. “SS&C has signed a long-term agreement with Investment Fund Services Ltd. (IFS), which is Marlborough’s authorized corporate director (ACD) and authorized fund manager (AFM) business,” according to the announcement. The agreement specifies that… Read More >>
Perennial Partners Taps SS&C for Transfer Agency Services
Perennial Partners will be deploying a transfer agency and investor servicing system, the Global Investor and Distribution Solutions (GIDS) from SS&C Technologies, to streamline unit registry/call center services across its financial product lines, according to the Australian asset manager. “SS&C’s Managed Fund Administration unit will provide a full range of services to Perennial’s investors across… Read More >>
Franklin Templeton Outsources Transfer Agent Unit to FIS
Asset manager Franklin Templeton has launched a partnership with FIS that will allow the software and services provider to take over the management of the firm’s global transfer agent (TA) function, which includes potentially onboarding 1,450 Franklin Templeton employees. To provide continuity in service, Franklin Templeton’s transfer agent workforce across Asia-Pacific, Canada, Europe, and the… Read More >>
SunGard Adds to U.S. Transfer Agency Services
SunGard reports the expansion of its transfer-agency capabilities with the addition of an “industry utility offering to its managed services suite,” according to a statement, which calls the “key catalyst” for the expansion SunGard’s “acquisition of the U.S. long funds transfer agency business from Citibank, N.A. – a transition of shareholder servicing responsibilities that reflects… Read More >>
