Huntington National Bank Buys More From BISYS

BISYS announced today Huntington National Bank has expanded its outsourcing relationship with the company. BISYS was selected as the fund accountant for the bank's recently launched mutual fund, The Situs Small Cap Fund. BISYS established its growing relationship with Huntington

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BISYS announced today Huntington National Bank has expanded its outsourcing relationship with the company. BISYS was selected as the fund accountant for the bank’s recently launched mutual fund, The Situs Small Cap Fund. BISYS established its growing relationship with Huntington Bank in April 2002, and now supports its 23 proprietary funds, which represent more than $2.7 billion in assets.

“Based on our day-to-day experience with BISYS, which has been enjoyable and professional, we were very comfortable expanding this relationship and entrusting BISYS to support the launch and growth of The Situs Small Cap Fund,” says Dan Benhase, executive vice president of Huntington. “Fund accounting is a vital back-office function and BISYS has consistently supported our growing family of funds with proven technology and expertise, and a true commitment to service.”

Bill Tomko, president of BISYS’ Investment Services group, added: “The ongoing expansion of our client relationships is the ultimate endorsement of both our fundamental approach to outsourcing, and our ability to provide high quality mutual fund servicing with a focus on value-added solutions. It was exciting to add this progressive bank to our client roster earlier this year and we welcome the opportunity to support its new market-driven small cap fund.”

Huntington Bancshares Incorporated is a $27 billion regional bank holding company headquartered in Columbus, Ohio.

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