Davis Advisors, an equity specialist, has extended its transfer agency services with SS&C for an additional five years.
As part of this mandate, SS&C Global Investors and Distribution Solutions (GIDS) will continue to provide BPO and transfer agency services to the $30 billion assets under management (AUM) asset manager.
The firms will also cooperate on strategic initiatives important to Davis Advisors, including fraud prevention and digitising financial advisors’ communication with clients.
Davis Advisors has also added to the functionality offered to its intermediary partners via SS&C’s portal for financial advisors.
SS&C GIDS provides the full range of transfer agency services, including recordkeeping, data-driven operational insights, real-time transparent oversight, intelligent automation, and digital tools for Davis Advisors’ shareholders.
Nick Wright, head of SS&C GIDS, says: “Our clients, like Davis Advisors, 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.”
Ken Eich, chief operating officer, Davis Advisors, comments: “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.”
Look out for issue 267 of Asset Servicing Times on 9 June for more on transfer agency services.
