IFDS the international transfer agency and hosted ACD joint venture between State Street Corporation and DST Systems, Inc., announced today that Chartwell Fund Management (Chartwell) has gone live with the IFDS Managers hosted ACD service.
Chartwell represents the inaugural client for IFDS Managers and the Chartwell funds will benefit from the market leading administration services and technology platforms of IFDS.
Mark Nish, Investment Director of Chartwell commented: "Efficient administration and regulatory compliance are as important to Chartwell and our clients as
investment performance. We are pleased to be able to work with IFDS to deliver what our customers expect from our funds, and we look forward to the support that they will provide for our business."
Matthew Brown, Business Development Director of IFDS commented: "We have carefully crafted what we believe to be the markets leading hosted ACD service. Chartwell is our inaugural client and we look forward to supporting its business going forward and providing the highest levels of service to its customers."