TMF Group Chooses FIS’ Private Equity Solution to Serve Expanded Customer Base After Recent Acquisition
October 22 2019 - 8:00AM
Business Wire
Key facts
- TMF Group, a leading fund administrator, expands its FIS
relationship by selecting the FIS Investran private equity solution
to serve its clients following a major acquisition
When TMF Group recently acquired a major fund servicing
organization as part of its growth strategy, the fund
administrator, one of the largest in Europe, chose a powerful asset
management system to serve its extended base of business
clients.
TMF Group selected the Investran private equity solution from
FIS™ (NYSE: FIS). Under a significant contract expansion with FIS,
TMF Group will use this award-winning FIS software suite to
automate and streamline its front, middle and back office processes
and further enhance operational efficiency, reporting and
performance.
Headquartered in Amsterdam, TMF Group provides a broad range of
business services including fund administration, human resources,
accounting, tax support and payroll for international business
expansion. The firm operates in a highly competitive market and
needed to ensure a smooth conversion to its new technology
platform.
“As we looked for a technology partner to support our growth
strategy, we wanted to work with a technology innovator that had a
successful track record in our market,” said Melanie Peploe, Chief
Operating Officer, Fund Services at TMF Group. “FIS with its
Investran solution was the clear winner. With our history of
working together, we know that FIS backs its world-class fund
accounting tools with deep knowledge of our markets.”
“We are excited to support TMF Group and are confident that our
technology solution will provide significant benefits to the firm
and its growing number of customers and employees,” said Martin
Boyd, president of Capital Markets Solutions at FIS.
About FIS
FIS is a leading provider of technology solutions for merchants,
banks and capital markets firms globally. Our 55,000 people are
dedicated to advancing the way the world pays, banks and invests by
applying our scale, deep expertise and data-driven insights. We
help our clients use technology in innovative ways to solve
business-critical challenges and deliver superior experiences for
their customers. Headquartered in Jacksonville, Florida, FIS is a
Fortune 500® company and is a member of Standard & Poor’s 500®
Index. To learn more, visit www.fisglobal.com. Follow FIS on
Facebook, LinkedIn and Twitter (@FISGlobal).
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version on businesswire.com: https://www.businesswire.com/news/home/20191022005132/en/
For More Information Kim Snider, 904.438.6278 Senior Vice
President FIS Global Marketing and Communications
kim.snider@fisglobal.com
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