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About Us

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

By the numbers


Staff and partners located in Toronto, Europe and Asia-Pacific


Of our employees have been with us for over 10 years


IFDS is represented on nine industry groups and associations

CA$4.9 trillion*

Assets Under Administration (as of December 2021)

18.3 million*

Active Fund Accounts (as of December 2021)

ISO 27001 and ISO 22301

Certifications for our Information Security Management Systems and Business Continuity Management System

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.