RBC Dexia Investor Services has extended outsourcing relationship with APS Asset Management, a Singapore- based fund management firm, to include the custody of the existing APS Alpha Fund and the custody, fund administration and transfer agency of the APS Vietnam Alpha Fund.
The mandate strengthens RBC Dexia’s position as a service provider in Singapore and enhances its reputation as a reliable 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.
Dominique Draux, managing director of RBC Dexia Trust Services Singapore, said: “A number of our existing clients are now looking at what else they can outsource to us that is either not core to their business, or with a third party, limiting operational consistency.
“As a specialist investment services provider, we are able to offer solutions that leverage the automation we have across a variety of services. This allows us to provide exceptional operational efficiency and risk mitigation to our clients.”