STT State Street Corporation

QUINCY, Mass., Sept. 14 /PRNewswire/ -- Boston Financial Data Services, Inc., a leading financial services outsourcing provider, is pleased to announce the appointment of Jude Metcalfe as senior vice president and head of Retirement Services. Metcalfe will be responsible for the growth, strategic direction and product and service structuring of the Retirement Services Division. "The institutional retirement marketplace is an integral part of our core growth strategy," said Terry Metzger, executive vice president and COO of Boston Financial. "Jude's deep industry knowledge and experience will be instrumental in helping us meet the evolving needs of our clients and the market space they serve." Boston Financial's comprehensive product and service array will benefit from Metcalfe's extensive knowledge of large-scale client operations and successful record of expanding service offerings. Metcalfe has more than 25 years' experience in the financial services, retirement plan, and business process outsourcing arena. He joins Boston Financial from Wealth Management Systems, Inc. (WMSI) where he served as CEO. Prior to joining WMSI, Metcalfe held various executive level positions at Mellon HR Solutions, Fidelity Investments, Kwasha Lipton, Prudential Securities and The Bank of New York. "I'm excited to be joining Boston Financial, where a focused, strategic commitment to retirement services and the financial services industry in general, offers clients a wealth of expertise and service delivery systems unmatched in the industry. I look forward to building upon Boston Financial's industry-leading position," said Metcalfe. 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. (NYSE:DST) of Kansas City, Mo., and State Street Corporation (NYSE:STT) of Boston, Mass. 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, visit our web site at http://www.bostonfinancial.com/. DATASOURCE: Boston Financial CONTACT: Ann Marie Mierzykowski of Boston Financial Data Services, Inc., +1-617-483-2371 Web site: http://www.bostonfinancial.com/

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