State Street Announces $10 Trillion Milestone for Investment Analytics and New Enhancements to Reports and Dashboards
September 30 2011 - 11:00AM
Business Wire
State Street Corporation (NYSE:STT), one of the world’s leading
providers of financial services to institutional investors, today
announced that it crossed the $10 trillion mark in client assets
serviced by the firm’s investment analytics team. In addition to
this milestone, enhancements were added to the risk and analytics
offering including new functionality for online and UCITS reporting
and attribution dashboards.
State Street’s Investment Analytics team provides performance
and analytics services serving approximately 1,400 clients globally
and offers comprehensive services in performance, risk and
strategic analysis that help clients monitor and measure the
performance of investment strategies in any market and in any asset
class, including alternatives.
“This $10 trillion milestone demonstrates State Street’s
industry leadership in investment analytics and reporting and our
commitment to continually enhancing our services for clients,” said
William C. Pryor, senior vice president and head of State Street
Investment Analytics. “Over the last four years, we have seen a
significant uptick in demand for analytics, from traditional
services such as performance and compliance monitoring as well as
new services for risk and alternatives analysis. Our primary focus
is on ensuring that we are providing clients with the tools they
need to keep pace with the evolution of the financial markets.”
Additional enhancements to the suite of analytic offerings
include Executive reporting, Monthly and Daily Attribution
dashboards and UCITS reporting. Executive reporting enables clients
to rapidly build customized multi-container reports with commentary
and graphics. Monthly and Daily Attribution Dashboards that support
security-level attribution analysis across multiple classification
roll-up schemes, benchmarks, methodologies and time periods have
also been introduced. Additionally, comprehensive UCITS reporting
capabilities have been launched, including exposure and limit
reporting, Value-at-Risk (VaR) analysis, back testing and stress
testing. Additional interactive risk services are available and
include customizable reporting and position-based risk analysis. In
addition to the UCITS reporting capabilities, Elkins/McSherry,
State Street’s trading cost analysis business, has launched Z-Score
analysis that provides a score based on how closely each trade
tracks the Volume-Weighted Average Price (VWAP), within the context
of each stock’s volatility.
About State Street Investment Analytics (SSIA)
State Street Investment Analytics (SSIA) group provides
performance and analytics services and employs a staff of more than
600 dedicated investment performance professionals across 15
offices worldwide. SSIA serves approximately 1,400 clients with
asset volumes exceeding $10 trillion (as of June 30, 2011),
offering comprehensive services in performance, risk and strategic
analysis that help them monitor and measure the success of their
investment strategies in any market and in any asset class,
including alternative investments.
About State Street
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors,
including investment servicing, investment management and
investment research and trading. With $22.8 trillion in assets
under custody and administration and $2.1 trillion* in assets under
management at June 30, 2011, State Street operates in 26 countries
and more than 100 geographic markets worldwide. For more
information, visit State Street’s website at
www.statestreet.com.
*This AUM includes the assets of the SPDR Gold Trust (approx.
$58 billion as of June 30, 2011), for which State Street Global
Markets, LLC, an affiliate of State Street Global Advisors serves
as the marketing agent.
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