PFPC says the Eaton Vance Funds have renewed their existing agreement with PFPC to provide transfer agency services for retail mutual fund shareholders. Total assets serviced by PFPC for the Eaton Vance Funds are approximately $27 billion, representing over one and a quarter million open accounts.
“The decision by the Eaton Vance Funds to renew their agreement with PFPC is testimony to the value that clients place on PFPC’s flexibility and willingness to personalize solutions to meet client needs,” says Michael DeNofrio, executive vice president and senior managing director of PFPC’s transfer agency. “Our flexible business model is enabled by the open, component-based technology of our Global Enterprise PlatformSM (GEP), which is designed to accommodate personalized systems capabilities for clients.”
PFPC has provided transfer agency services to the Eaton Vance Funds since 1987. Under the terms of the agreement renewal, PFPC also will continue to provide a variety of additional services including Internet access for shareholders and print mail services.
“This agreement provides us the opportunity to harness PFPC’s robust operations and support systems to enhance service to our customers,” said Jeffrey P. Beale, vice president and chief administrative officer of Eaton Vance. “Working with PFPC, we also have established a stellar team that can focus on and be responsive to the needs of the marketplace, our broker/dealer partners and our shareholders.”