Commercial Services and Supplies
Company Overview of Boston Financial Data Services, Inc.
Boston Financial Data Services, Inc. provides processing, back-office, and transfer agency services for financial services companies. It offers mail processing, image and cash processing, distribution and dealer, transaction processing, correspondence, investor, financial reconciliation, and control services. The company also provides corporate actions, compliance, systems reporting and statements, NSCC processing support, disaster recovery, settlement, and consulting; tax withholding, submission, and reporting; and settlement, disaster recovery, and advisory services. It provides services for mutual funds, 529 plans, retirement plans, settlement administration, business continuity, real est...
2000 Crown Colony Drive
Quincy, MA 02169
Founded in 1973
Key Executives for Boston Financial Data Services, Inc.
President and Chief Executive Officer
General Counsel and Head of Compliance of Settlement Administration Services
Senior Vice President and Head of Retirement Services
Compensation as of Fiscal Year 2013.
Boston Financial Data Services, Inc. Key Developments
Boston Financial Data Services, Inc. to Provide Blue Sky Administration Services; Craig Hollis Will Lead Blue Sky Administration Business
Sep 11 13
Boston Financial Data Services, Inc. announced that it is expanding its compliance solutions by entering the Blue Sky Administration business. The new offering helps asset management firms manage their Blue Sky requirements and includes preparation, filing and exemption processing; as well as customized online reporting and sales registration data. Blue Sky Administration aligns with other state mandated and intermediary services that Boston Financial provides currently. The business, which Boston Financial transitioned from State Street, combines Boston Financial's compliance team and State Street's Blue Sky team providing for an integrated service solution.
Craig Hollis, AML Officer and a Managing Director for Boston Financial, will lead the business. Hollis, who brings 28 years of mutual fund experience and previously managed a Blue Sky Administration business.
Boston Financial Data Services, Inc. Continues Alliance with Bonaire Software Solutions, LLC for Intermediary Payment Administration
Feb 11 13
Bonaire Software Solutions, LLC and Boston Financial Data Services, Inc. have solidified their strategic relationship to deliver significant benefits to the mutual fund industry. The two firms have worked together since early 2012 to address intermediary reconciliation issues and develop new servicing capabilities. The alliance between Bonaire Software and Boston Financial enables fund companies to automate invoice validation and management. REVPORT simplifies fee calculations and validates payments made to financial intermediaries. REVPORT also automates the calculation of distribution fee billing and the invoice reconciliation process for mutual funds and their distributors or financial intermediaries. Boston Financial contributes significant experience with mutual fund shareholder processing, deep familiarity with intermediary relationships, reconciliation expertise and staffing. Boston Financial's clients have access to these and other capabilities through their full-service FIA Solutions offering. In addition to the Intermediary Payment Administration component, Boston Financial's broader FIA Solutions offering includes capabilities that help fund companies better manage their intermediary relationships and enhance their due diligence process. FIRMport, a dynamic online portal, allows fund companies to gain a comprehensive view of their intermediary relationships, with business intelligence and management reports that incorporate alerts and trending. Intermediary Operational Reviews enhance a fund company's due diligence and oversight practices through a documented, in-depth review of an intermediary's processes and procedures.
Boston Financial Data Services, Inc. Appoints Cindi Boudreau as Managing Director of Proxy Solutions
Dec 17 12
Boston Financial Data Services, Inc. announced the appointment of Cindi Boudreau to a newly created position as Managing Director of Proxy Solutions. Boudreau, will be responsible for driving the business strategy and sales for Boston Financial's Proxy Solutions business. In her new role, she will report to Rich Ahl, Chief Operating Officer of Boston Financial, and work closely with the sales organization headed up by Mike Tobin, head of sales for Boston Financial and DST Systems. Before joining Boston Financial, Boudreau worked at D.F. King & Co. and was the executive vice president and co-managing director of the U.S. mutual fund business.
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