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About Us


At IFDS, we don’t just help clients navigate today’s financial complexities, we help them thrive. Our solutions are carefully designed to streamline operations, reduce costs, and enhance the experience for our clients’ distributors and investors – building trust every step of the way.

Why IFDS

IFDS partners with asset managers, banks, credit unions, insurance companies, and other financial services firms, addressing complex issues like data management, compliance, and scalability.

Proven track record

A leader in investment record-keeping and business process outsourcing solutions, IFDS has almost five decades of experience supporting top-tier financial institutions. 

Client centric model

At IFDS, we prioritize a client-centered approach, customizing solutions to our clients’ unique needs while investing in our team and technology to deliver exceptional results.

Backed by strength

IFDS is a 50/50 joint venture backed by the strength, stability, and expertise of global financial services leaders, Boston-based State Street Corporation and Connecticut-based SS&C Technologies.

By the numbers


CAD$6+ Trillion 

19+ million 

240+

60%

35%

ISO 27001 & ISO 22301

Our Principles & Commitments


Guided by Principles, Driven by Purpose

At IFDS, our core operating principles— Professionalism, Accountability, Client-Focus, Excellence, and Leadership — are more than just words. They are the foundation of how we work, collaborate, and grow, both as individuals and as a company.

These principles shape our daily interactions, inform our decisions, and reflect the standards we uphold with each other and our clients. It’s this shared commitment that fuels our success and makes IFDS an exceptional place to work and thrive.

A Culture Built for Growth & Belonging

We’re committed to fostering a workplace where everyone feels seen, heard, and valued. Our mission is to create a diverse, equitable, and inclusive environment that celebrates individuality and empowers every team member to reach their full potential.

We believe that diverse perspectives drive innovation and lead to better outcomes for our clients. By cultivating inclusion at every level, we strengthen our team, elevate our work, and build a future where everyone can succeed together.

See how IFDS’ journey has unfolded


1977

Our story began when our predecessor company was founded.

1993

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

1994

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

1996

Our technology evolved to include functionality for segregated funds.

1999

DST Canada & CFDS Ltd. merged.

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

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

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

IFDS introduces Smartforms, a technology that enhances processing efficiency.

2011

Enhanced cheque processing further advances IFDS mailroom centre.

2012

IFDS launches deposit servicing.

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

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

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

2025

State Street Corporation and SS&C Technologies restructure the European component of their International Financial Data Services (IFDS) LP joint venture arrangement in Luxembourg and Ireland. IFDS Canada remains a 50/50 joint venture of both affiliates.