About IFDS

At IFDS, we provide technology and service solutions designed to help companies in the financial industry achieve their business goals.

We are the developers and owners of our core technology platform, iFast™, and we continually invest in making it even more powerful and reliable. When industry leaders ask us to develop new features and capabilities, our shared platform allows all clients to realize the benefits.

Our knowledge, experience, financial strength, and advanced technology enable clients to achieve their goals with less development time and lower technology costs. Backed by multimillion dollar global enterprises, our expertise in financial data processing helps clients reduce their risk. We have award winning technology and ongoing R&D to deliver the most accurate and efficient order processing, record keeping, document management, and client servicing.

When you choose IFDS, you’ll experience our client-centered partnership service model. We create solutions that fit your needs and continuously invest in strengthening our people and technology. Your IFDS team includes a Relationship Manager who develops a deep, strategic understanding of your business and a Client Services support team that works closely with you day in and day out to ensure our partnership is always working in sync.

Our History

1977

1977

Our story began when our predecessor company was founded.
1993

1993

Our predecessor company was acquired by DST Systems and renamed DST Canada.
1994

1994

A full transfer agency business, CFDS Ltd. was created from a joint venture between DST Systems and State Street.
1996

1996

Our technology evolved to include functionality for segregated funds.
1999

1999

DST Canada & CFDS Ltd. merged.
2001

2001

Our company was renamed International Financial Data Services (Canada) Ltd. IFDS introduces iFast™ brand to the world for our propriety record-keeping technology. IFDS introduces iFast™/Desktop, our graphic user interface to iFast™.
2005

2005

IFDS introduces iFast™ Web, our browser application giving financial institutions real-time access to account information in iFast™ via a secure online environment.
2008

2008

IFDS introduces eDocs for real-time viewing of contribution receipts, tax slips via iFast™ Web. IFDS invests in modernizing mailroom centre, starting with Touch Screen classification technology.
2009

2009

IFDS introduces Smartforms, a technology that enhances processing efficiency.
2011

2011

Enhanced cheque processing further advances IFDS mailroom centre.
2012

2012

IFDS launches deposit servicing.
2014

2014

IFDS introduces iFast™ Web (Plus), a more robust, multi-browser application promoting greater efficiency and ease of access to advisor and account information in a secure online environment.
2017

2017

DST Systems acquires remaining interest in BFDS and IFDS UK from State Street. IFDS Canada, Ireland and Luxembourg remain 50/50 joint ventures between DST Systems and State Street.
2018

2018

SS&C Technologies acquires DST Systems. IFDS Canada, Ireland and Luxembourg remain 50/50 joint ventures between SS&C Technologies and State Street.

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