American Funds Service Company extends partnership with SS&C GIDS
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American Funds Service Company extends partnership with SS&C GIDS 15 NovemberUS Reporter: Jenna Lomax
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American Funds Service Company, a Capital Group company, has extended its transfer agency relationship with SS&C Global Investor and Distribution Solutions (GIDS).
SS&C GIDS provides a full range of transfer agency solutions, including core recordkeeping, a suite of investor and advisor-facing digital solutions and newly enhanced integration tools that offers flexibility to American Funds’ specialised servicing models.
SS&C GIDS is also a client partner on American Funds Service Company Lyric initiative, a modernised platform for global recordkeeping, designed to provide (or support) fully-integrated solutions to asset managers, financial advisors, broker-dealers and retirement providers.
This extension of partnership comes after SeaFort Capital, a Nova Scotia-based private equity firm, selected SS&C’s Technology Holdings fund administration solution to support its fund operations.
Rich Prior, president of American Funds Service Company at Capital Group, says: “Leveraging SS&C GIDS enables us to deliver a consistent, high-quality experience to our investors and advisors.
Nick Wright, global head of SS&C GIDS, comments: “We are pleased to continue our long and valued relationship with American Funds. SS&C enables clients to seamlessly engage with their clients worldwide with advanced technology and high-touch services.”
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