Offshore Funds

FundSERV is a Third Party provider Member of the National Securities Clearing Corporation (NSCC) Under this agreement, FundSERV customers will have access to funds available through the NSCC.

Providing customized solutions for our customers is one of the many additional services FundSERV offers. Canadian distributors have the ability to transact with offshore fund manufacturers, while those funds benefit from access to Canadian distribution.  We route offshore fund transactions to NSCC’s Fund/SERV® platform for order processing and settlement in USD, EUR and GBP.  

The development of this link is underway and is expected to be rolled out in three phases:

Phase
User Acceptance Testing
Go Live
1 - Order entry and settlement
Q4, 2011
2012
2 - NSCC “networking” service
Commission & reconciliation files
2012
2012

For more information about offshore funds email customer.relations@fundserv.com.