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Aberdeen Standard Investments Extends SS&C, IFDS Transfer Agency Services Relationship

The joint venture will service Aberdeen Standard Investments’ Luxembourg clients

SS&C Technologies Holdings, announced that Aberdeen Standard Investments, a leading global asset manager, has extended its transfer agency services relationship with SS&C and IFDS to its Luxembourg division. SS&C Global Investor and Distribution Solutions (GIDS) will provide BPO and global transfer agency services to Aberdeen Standard Investments Luxembourg S.A., with local support from IFDS.

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“We are excited to extend our relationship with SS&C, the largest global transfer agency,” said Mike Tumilty, Aberdeen Standard Investments. “SS&C’s and IFDS’s global approach to servicing will enable us to deliver a unified global digital customer experience across domiciles.”

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Aberdeen Standard Investments already uses SS&C Global Investor and Distribution Solutions for transfer agency services in the U.K. The asset manager will now use the technology and service offering for its 23,000 accounts in Luxembourg. SS&C will provide recordkeeping, unique data-driven operational insights, real-time transparent oversight, intelligent automation, and state-of-the-art digital tools. SS&C GIDS will service Aberdeen Standard Investments clients globally with round-the-clock support. IFDS will complete local servicing in Luxembourg.

“We thank Aberdeen Standard Investments for their continued trust and partnership,” said Nick Wright, Head of Global Investor and Distribution Solutions. “We are committed to delivering best-in-class technology and consistent, knowledgeable service so our clients can optimize a truly global model.”

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