B2B Trust goes live with IFDS

17 December 2008

- International Financial Data Services (IFDS), the international transfer agency joint venture between State Street Corporation and DST Systems, Inc., announced today that it has recently gone live with a range of transfer agency, record-keeping and back-office support services for B2B Trust.

In this newly forged business relationship, IFDS is offering a comprehensive range of administrative, technical and call centre services for select B2B Trust products.

IFDS provides market-leading service and technology solutions for fund companies, distributors, advisors and investors in Canada as well as Ireland, Luxembourg and the UK, and via Boston Financial Data Services to the U.S. market.

Susi McCord, Vice President of Marketing, B2B Trust, commented:

“B2B Trust endeavours to provide leading products to financial intermediaries across Canada. The specialized administration services offered by IFDS are a natural complement to our business and we expect that they will enable our company to move forward very quickly in terms of providing superior service offerings.”

Albert Labelle, Senior Vice President, IFDS Canada, commented:

“B2B Trust is an important client to IFDS and we look forward to a long business relationship. A recent market launch went very smoothly, both on time and on budget, with everyone working very hard and in unison. It was truly admirable teamwork!”

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