Investors Bank & Trust Company operates as a securities processing company. It provides financial services, including custodian services, multicurrency fund accounting services, fund administration services, middle office outsourcing, trade operations management services, transfer agency services, private client and fiduciary services, and institutional trust services. The company also offers securities lending, foreign exchange, cash management, transition management, and strategic consulting and product development. In addition, it provides mutual funds, as well as servicing products, including exchange traded funds, master/feeders, alternative investments, unit investment trusts, offshore vehicles, collateralized debt obligations, and insurance separate accounts. The company was founded in 1969 and is headquartered in Boston, Massachusetts with additional offices in Dublin, Ireland; Toronto, Canada; the Cayman Islands; the United Kingdom; and Luxembourg, as well as in New York and California. Investors Bank & Trust Company is a subsidiary of Investors Financial Services Corp.