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Article Excerpt
BISYS, a leading global provider of business process outsourcing solutions for the financial services sector, today announced that New York-based Merrill Lynch has expanded its extensive outsourcing relationship with BISYS. In addition to supporting approximately 4,000 Merrill Lynch retirement plans with comprehensive recordkeeping services, and providing analytical research and competitive intelligence through its Financial Research Corporation (FRC) subsidiary, BISYS has now been selected to provide transfer agency services, through its Ireland facility, for Merrill Lynch's recently launched Dublin-based UCITS umbrella fund.
The fund, Merrill Lynch Global Selects Portfolios plc, was approved by the Central Bank of Ireland in December 2002, and launched in February 2003. It initially includes 42 portfolios representing 23 mandate categories, including equity, fixed income, and short-term...
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