Vanguard Investments UK has appointed State Street to provide custody, fund accounting and depository services for the new Vanguard range of OEICs, while IFDS will provide a range of integrated transfer agency services, including a customer call centre and its specialist platform and distributor servicing systems, the firm said in a statement.

IFDS provides its services and and technology for distributors, advisors and investors in Canada, Ireland, Luxembourg and the UK, as well to the US market via Boston Financial Data Services. Its platform and distributor servicing system provides a single point of contact for over 80 platforms and distributors, as well as online reporting and information for more than 1,000 IFAs via the online portal, DistributorOnline.

“We are very happy that IFDS and State Street are helping implement our funds in the UK. Our clients expect the utmost in service and we are confident that they will provide this and help ensure that we are well-supported in all aspects of our business. We look forward to a strong and lasting relationship with both IFDS and State Street,” said Tom Rampulla, managing director of Vanguard Investments UK.

Vanguard manages $1.2 trillion in assets, offering some 150 ETFs to US investors and 50 additional funds to markets outside the US.