RBC Investor and Treasury Services, which is part of Royal Bank of Canada, has been selected by Uniting Financial Services (UFS) as its custodian and administrator.
UFS is the treasury and investment services arm of The Uniting Church in Australia, Synod of New South Wales and ACT, with over US$1.25 billion of funds under management.
Warren Bird, executive director of UFS, said the organization was attracted to RBC Investor & Treasury Services because of its longstanding experience and specialized expertise.
“The investments that RBC I&TS is making in its technology and product offering reinforced our confidence in them as our service provider of choice,” says Bird.