Victory Capital extends FIS partnership
22 November 2019 Florida
Image: Shutterstock
Victory Capital has selected FIS’ transfer agent solution to service new accounts related to a recently completed acquisition.
FIS will provide Victory Capital with real-time mutual fund processing and recordkeeping platform, as well as transfer agency services including transaction processing, shareholder servicing, dealer services and compliance support from a seasoned operations team.
Michael Policarpo, president, chief financial officer and chief administrative officer for Victory Capital, commented: “Our top priorities are to provide continued top-quality investment services to our new fund shareholders and to support future growth, so selecting the right partner and platform was key.”
Martin Boyd, president of capital markets solutions at FIS, added: “Our work with Victory Capital over the years is an example of true partnership for the benefit of the firm’s customers. We look forward to serving the new Victory Capital fund shareholder base and providing them with innovative, cost-effective and high-quality transfer agency services.”
FIS will provide Victory Capital with real-time mutual fund processing and recordkeeping platform, as well as transfer agency services including transaction processing, shareholder servicing, dealer services and compliance support from a seasoned operations team.
Michael Policarpo, president, chief financial officer and chief administrative officer for Victory Capital, commented: “Our top priorities are to provide continued top-quality investment services to our new fund shareholders and to support future growth, so selecting the right partner and platform was key.”
Martin Boyd, president of capital markets solutions at FIS, added: “Our work with Victory Capital over the years is an example of true partnership for the benefit of the firm’s customers. We look forward to serving the new Victory Capital fund shareholder base and providing them with innovative, cost-effective and high-quality transfer agency services.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
