The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

RBC Dexia Selected By Manulife Singapore For Fund Valuation

Share article

RBC Dexia Investor Services has been selected by Manulife (Singapore) Pte Ltd to handle the fund valuation for 42 Investment Linked Portfolios, accounting for over SGD1.5 billion in funds under management and consisting primarily of fund of funds structures.

“Outsourcing is an important strategic decision and it is imperative that the right partner is selected to ensure the full benefits are delivered. RBC Dexia Investor Services is the right choice for us and we are confident that their reputation for quality and reliability will serve us well,” said Darren Thomson, president and CEO of Manulife Singapore.

This mandate further strengthens RBC Dexia’s position in Singapore and enhances its reputation as a reliable and effective partner for companies looking to review their back and middle office requirements in an environment where cost and process efficiencies have come to the fore.

Scott McLaren, head of sales and distribution for Asia Pacific at RBC Dexia, commented: “Asset gatherers are increasingly looking at outsourcing to help them with operational efficiency, but they need to be sure they have an intelligent partner that can seamlessly align with their needs and ambitions. By listening to Manulife, we were able to ensure we understood these important issues and we look forward to working with them.”

Related content

WEBINAR

Recorded Webinar: How to run effective client onboarding and KYC processes

Increasing cost, complexity and regulatory change continue to challenge firms implementing client onboarding and Know Your Customer (KYC) systems. With an effective strategy and a clearly defined pathway, it’s possible to gain a valuable competitive advantage whilst meeting those all-important compliance requirements. But how to get there? With a myriad of different options out there...

BLOG

Asset Control Wins with New Managed Services Contracts

Venerable Annuity, the legacy annuity business of Voya Financial (created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners and Reverence Capital Partners) has confirmed the migration of its data management systems to AC PaSS, the cloud-based managed service solution from Asset Control. The ACPaSS solution will provide Venerable with...

EVENT

Data Management Summit London

The Data Management Summit Virtual explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.

GUIDE

RegTech Suppliers Guide 2020/2021

Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...