IFDS to Provide Array of Technology and Administrative Solutions for ATB GICs

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International Financial Data Services (IFDS) Canada, a leading provider of technology and outsourcing services to the world’s largest and most trusted financial institutions, today announced that it has been chosen by ATB Financial to provide a full range of Guaranteed Income Certificate (GIC) solutions.
In addition to providing transfer agency, record keeping, and back office support to ATB’s mutual fund and High Interest Savings Account (HISA) products, IFDS will now be extending its support coverage to include ATB’s line of GIC products marketed through Securities Dealers.
“We have had a long and successful relationship with IFDS, having previously leveraged their integrated platform to support our mutual fund and HISA business,” said Aly Sumar, Treasurer at ATB Financial. “The quality and consistency of the service we have received from IFDS over the years, combined with their flexible tools and knowledgeable team of professionals, made our decision to expand our collaboration to include GICs a relatively easy one, and we are excited to start this new chapter in our partnership.”
“ATB continues to grow its financial service offering in Alberta, building upon the reliable and comprehensive investing options they have been providing to their clients for decades,” said Katherine MacMillan, President and CEO of IFDS Canada. “We are delighted they have chosen us to continue supporting their growth in the market and look forward to strengthening our relationship even further.”
Source: http://www.marketwired.com

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