RBC Dexia implements pan-Asian automated TA platform for Aberdeen Asset Management

According to RBC Dexia some of the most complex Transfer Agency developments in the global marketplace were involved for the successful implementation of this platform, including:

• Using RBC Dexia’s proprietary transfer agency platform to manage Thai characters;
• Using complex formulas and rounding rules based on Thailand regulations to calculate trade prices, fees and taxes; and
• Complex daily data and trade interface between RBC Dexia’s TA platform and Aberdeen.

RBC Dexia proprietary automated Transfer Agent platform meets Thailand TA requirements.

Aberdeen Asset Management Asia head of Investor Services – Asia Pacific Matthew Yong said the strength of their existing relationship with RBC Dexia was evident and with a Thai specific Transfer Agency platform now in place, RBC Dexia can provide Aberdeen with consolidated business data across the Asia Pacific region and potentially open doors around the world.

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