IFDS Looks to Euroclear for Fund Processing Support

International Financial Data Services (IFDS), the global provider of transfer agency services with operations in the UK, the US, Canada and Continental Europe, is set to use Euroclear UK & Ireland (EUI) to process its clients' investment fund transactions.

This means that the IFDS fund management community will have access to EUI's automated services for the settlement of fund units and applicable cash movements.

According to Yannic Weber, CEO of Euroclear UK & Ireland, "the system provides coun

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