PROVIDENCE – Boston Financial Data Services, a leader in the mutual and cash management industry, last week officially opened a Providence office that initially will employ about 500 people, with expectations the workforce could grow as high as 900, a company spokesperson said. Boston Financial is taking over the space most recently occupied by the Dreyfus Fund at One American Express Plaza at the base of the State House, nearly adjacent to the Providence train station.
Boston Financial was established in October 1973 as a corporate joint venture of State Street Corporation and DST, Inc. State Street Corporation is the largest custodial bank in the United States, acting as custodian for hundreds of mutual funds. DST Systems is a leader in the design, development and operation of proprietary software systems that provides shareholder accounting and record keeping services.
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The Providence office will serve as a tele-servicing and call center operation, offering a variety of jobs, the company spokesperson said. A job fair was held last Thursday at One American Express Plaza.
