FundBPO appoints DST for increased automation
Independent fund administrator, FundBPO is partnering with software specialist DST Systems to implement a new enterprise workflow solution.
The new solution would see the solution implemented via a five year license agreement and would be rolled out across FundBPO’s Australian unit registry.
“We are committed to investing in technology that gives our clients better management of the risks associated with processing managed fund transactions, enquiries and correspondence,” Smith said.
“We will be able to run a paperless unit registry business with real-time service level reporting, client interaction and management of a fund’s transaction life cycles.”
FundBPO is a service provider to around 370 managed funds in Australia, and administers approximately $95 billion of domestic funds.
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