Boston Financial Data Services
NORTH QUINCY, MA USA
Boston Financial Data Services ( Who We Are)
Since our founding in 1973, Boston Financial has become one of the most successful third-party providers of transfer agency, intermediary services and other services in the mutual fund industry. Today, we provide transfer agency services for 145 fund companies, representing more than 6,650 funds, 26 million investors and $760 billion in assets. Our transaction volumes range from 700,000 to 1.2 million per month, depending on the time of year.
Boston Financial was founded in 1973 as a unique partnership between two of the leading forces in the mutual fund business -- DST SystemsŪ of Kansas City and State Street Bank and Trust Company of Boston. At the time, State Street was looking for a technology partner to provide state-of-the-art support for its back-office shareholder recordkeeping services. Meanwhile, DST had just developed the industry's first real-time mutual fund transaction processing system and was looking for an East Coast business partner to grow its business. The result of this joint venture was Boston Financial, combining DST's best-of-breed technologies with the expertise of a leading global financial services company.
Boston Financial continues to work closely with the two parent companies today. The synergies we possess with both of these leaders and our other corporate affiliates give our clients unprecedented access to the best talent in the industry.
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