For the second successive year ADP Investor Communication Services received the International Custody & Fund Administration award for Custodian Technology Vendor of the Year for its shareholder communications services. In addition, for the third year in succession, ADP Wilco was voted as the best vendor for Outsourcing Support in the Systems for the Securities Industry Awards, in recognition of its international outsourcing service for securities transaction processing.
The International Custody & Fund Administration award, agreed by a panel of independent industry representatives as part of the annual ICFA European Awards programme, was made in recognition of ADP Investor Communication Servicesâ international contribution to automated proxy voting services and its ongoing developments in the field of shareholder communications.
The Systems for the Securities Industry Awards were organised by the specialist securities industry services group Summerson Goodacre and voted by the UK financial services industry. "ADP Wilcoâs success in winning the award for Outsourcing Support demonstrates strong industry recognition for the companyâs leadership and ongoing investment in this field," said Stephen Pinner, Managing Director of Summerson Goodacre.