RBS Collective Investment Funds Limited (RBSCIFL), a wholly-owned subsidiary of the UK bank, NatWest, has renewed and expanded its transfer agency contract with SS&C. RBSCIFL migrated more than 700,000 child trust funds, 36,000 individual savings accounts, and 20,000 Junior Investor Savings Accounts to SS&C’s global investor and distribution solutions operation as part of the expansion. Following the migration, RBSCIFL will introduce several new digital servicing channels, including a mobile-friendly CTF maturity process, the Digital Investor portal, mobile applications, webchat and secure messaging.
