News

Keane Expands Back Office Capabilities Through Alliance With Boston Financial

Alliance to Provide Greater Scalability and Transactional Support for Financial Services Industry

- New York, NY - March 11, 2014

Keane, one of the nation’s leaders in unclaimed property communications, compliance, and consulting services, today announced an alliance with Boston Financial Data Services, Inc. (Boston Financial), a premier provider of back-office and transfer agency services to the asset management industry for more than 40 years.

Keane’s clients currently have the ability to completely outsource the management of unclaimed property compliance, including the administrative tasks associated with the tracking, re-issuance and escheatment of dormant financial assets. Keane will leverage Boston Financial’s extensive experience and resources to support the growing demand for these services.

“In the financial services industry, organizations need to have the ability to be agile, scalable, and operate at the highest level of efficiency,” said Nick Nichols, Keane’s Chief Operating Officer. “We’re confident that our clients will see tremendous value by combining our successful investor outreach and compliance programs with Boston Financial’s outstanding transaction processing, event management, and investor services.”

Keane’s clients will now have access to Boston Financial’s broad suite of business solutions such as mail and inbound/outbound call services, allowing them to focus on their core competencies while positioning for growth.

“Utilizing our flexible service model, we can design a custom plan of action to accommodate the unique requirements of each situation. We are able to quickly scale up and down based on need, making us ideally suited to support Keane and their clients,” said Madeline FitzGerald, Managing Director at Boston Financial.

About Keane

Keane is the country’s leading provider of comprehensive outsourced unclaimed property solutions. Keane provides corporations, mutual funds, banks, brokerages, insurance companies and transfer agents with a full suite of professional outsourced services, including locating account owners or beneficiaries, risk mitigation, customer communication programs, recovery of escheated assets, consulting, reporting and other unclaimed property compliance-related services.

Led by an experienced group of industry executives, Keane employs more than 200 people across the country. Keane is headquartered in New York, NY with a main operating facility in King of Prussia, PA, and has various satellite offices across the country. For more information on Keane, please visit www.KeaneUP.com.

About Boston Financial

Boston Financial Data Services is one of the industry’s premier outsourcing providers servicing the mutual fund and employer retirement plans markets. Boston Financial is a joint venture between DST Systems, Inc. of Kansas City, MO., and State Street Corporation (NYSE: STT) of Boston, MA. This joint venture has enabled Boston Financial’s clients to utilize DST’s industry-leading software and technology while benefiting from the institutional support and global reach of State Street.

For more information on Boston Financial, visit www.bostonfinancial.com.

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