IFDS appoints Richard Barrett group executive, client administration

Source: International Financial Data Services

International Financial Data Services (IFDS), the international transfer agency joint venture between State Street Corporation and DST Systems, Inc., announced today the appointment of Richard Barrett as Group Executive, Client Administration responsible for dealing, registration, administration control as well as IFDS' market-leading Distributor Services functions.

Richard will report to Jon Willis, Operations Director.

Prior to joining IFDS, Richard was Head of Product and Client Conversions at Pershing. Richard has also held various senior IT and operational roles at Fidelity International and Fidelity FundsNetwork, where he was Operations Director.

IFDS provides market-leading service and technology solutions for distributors, advisors and investors in the UK as well as Canada, Ireland, Luxembourg and via Boston Financial Data Services to the U.S. market.

Simon Hudson-Lund, Chief Executive Officer, commented: "Richard brings a depth of experience and superb operational track record to IFDS. As our business
continues to expand and our range of services grow, we need athletes such as Richard with a wide range of experience within the collective investment, fund platform and specialist financial servicing markets will help IFDS as our business moves forward."

Richard Barrett, Group Executive, Client Administration, commented: "It is a privilege to join an organisation such as IFDS. IFDS stands out in the market with a reputation for operational excellence and service innovation and I look forward to be being part of its future growth."

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