IFDS is proud to have achieved its commitment to “be the leading provider
of high quality investor services and systems to the UK collective investment
industry”.
Since its formation in 1995 as a joint venture between DST and State Street Bank,
we have grown from 86 employees administering 2% of the UK Retail Fund markets
to IFDS - a single global brand with around 1,700 employees at multiple sites
providing systems and administration services and a 30% market share.
Investment has been a key feature in the growth of IFDS – over £100
million in technology, over £20 million in a new headquarters, additional
property acquisitions in Chelmsford, and, since 2003, substantial investments
in the distributor fund supermarket, Cofunds. However, as well as the development of our systems, it is the skills, knowledge
and application of our employees that have enabled IFDS to achieve its successes
to date and we are continually looking for new talent to add to this winning formula.