RBC Dexia Investor Services, a joint venture equally owned by Royal Bank of Canada and Dexia, has announced that its global unit registry system is now live in the Australian market. The proprietary system provides fund managers with a complete retail and wholesale unit registry outsourcing solution.
“Finally, fund managers in Australia can take advantage of a truly global, retail unit registry offering – one that services them in multiple jurisdictions and supports the future growth of their companies,” says Scott MacDonald, managing director of RBC Dexia Investor Services Australia.
According to RBC Dexia, the unit registry system can be tailored to meet clients’ specific needs. It incorporates multi-currency, multi-class, and multi-promoter applications; web-based access to real-time investment information for fund managers, distributors and unit holders; and the ability to offer single solutions across multiple jurisdictions.