SS&C has signed a long-term agreement with Investment Fund Services Limited (IFS), the ACD and AFM business owned by the UK’s Marlborough group. Under the agreement, SS&C will provide fund accounting, middle-office and transfer agency services for the funds for which IFS acts as ACD or AFM. The funds, which have more than GBP16bn (USD20bn) AuM, include Marlborough’s range of 19 funds and those operated by more than 20 other investment management companies and other financial services businesses in the UK. Under the agreement, around 90 IFS staff in the UK have transferred to SS&C.
