SS&C Technologies has renewed its transfer agency relationship with US investment manager Davis Advisors through a new five-year mandate.
The tech firm’s transfer agency and investors services platform, SS&C Global Investor and Distribution Solutions (GIDS), will continue to provide services to the $30 billion asset manager and also look to co-operate on strategic initiatives important to Davis Advisors, including fraud prevention and digitising financial advisors’ communications with clients.
“SS&C GIDS provides a comprehensive transfer agency solution for our funds, and we are pleased to extend our relationship,” said Ken Eich, chief operating officer, Davis Advisors.
“SS&C’s strategy and investments in leading-edge technologies were key differentiators. We were particularly impressed with the fraud prevention solutions that SS&C has already implemented in addition to their roadmap of upcoming solutions.”
Launched in September last year, SS&C GIDS provides a full range of transfer agency services, including record-keeping, unique data-driven operational insights, real-time transparent oversight, intelligent automation, and state-of-the-art digital tools for Davis Advisors’ shareholders.
Davis Advisors has also recently added to the functionality offered to its intermediary partners via SS&C’s portal for financial advisors.
“Our clients, like Davis, depend on us to represent their brands to their investors and advisors. We demonstrated our significant investment in our technology and services to support a seamless global digital experience, and we continue to evolve with our customers each step of the way.” said Nick Wright, head of SS&C GIDS.
The renewal of the mandate builds on a string of successful deals SS&C has signed with many of the world’s largest asset management firms, including Aberdeen Standard Investments and Janus Henderson.