QUINCY, Mass., Sept. 30, 2013 /PRNewswire/ -- Boston
Financial Data Services, Inc., today announced its 40-year
anniversary as a leading financial services outsourcing
provider.
Founded in 1973 as a full-service transfer agent for the growing
mutual fund industry, Boston Financial today is the largest
third-party transfer agency provider in the U.S. Over the
past decades, the company has expanded its capabilities into an
array of compliance and financial services solutions that promote
financial control, scalability, process efficiency, and service
quality.
With services for mutual funds, retirement plans, contractual
plans, and 529 plans, Boston Financial is well recognized for its
best-practices and service excellence.
"Reaching the forty-year milestone is a testimony to Boston
Financial's ability to evolve and adapt to meet the changing needs
of the marketplace," said President and CEO Terry Metzger. "Anticipating and responding to
shifts in the industry landscape enables us to help our clients
grow their asset management business."
Building on four decades of transfer agency expertise, Boston
Financial has leveraged its extensive knowledge of data management
and analysis into new business areas, including its Financial
Intermediary Administration (FIATM) Solution, which
offers transparency and tools to manage the complexities of
intermediary relationships, and its recently introduced Blue Sky
administration service.
"Boston Financial continues to expand its offerings and provide
value to its clients," says Metzger. "Sophisticated technology and
an adaptable multi-site strategy positions the company to respond
to the needs of investors and fund companies alike."
From core shareholder recordkeeping to financial intermediary
administration, compliance services, E-Business solutions, proxy
solutions, class action and settlement administration, and event
center support, Boston Financial today meets a wide range of
servicing needs.
About Boston Financial
Boston Financial Data Services, Inc. is one of the
industry's premier financial services outsourcing providers for the
mutual fund and employer retirement plans markets. Boston Financial
is a joint venture between DST Systems, Inc. of Kansas City, Mo., and State Street Corporation
(NYSE: STT) of Boston, Mass. This
joint venture has enabled Boston Financial's clients to utilize
DST's industry-leading software and technology while benefiting
from the institutional support and global reach of State Street.
For more information, visit www.bostonfinancial.com.
SOURCE Boston Financial Data Services, Inc.