State Street Global Exchange Recognized for Advanced Technology, Depth of Client Services and Innovation
May 29 2014 - 9:41AM
Business Wire
truView Risk Solution Expanded to Provide Clients with
Securitized Credit Asset Class Coverage
State Street Global Exchange announced today that it has been
recognized for custody and asset servicing expertise by aiCIO
magazine and as a category leader in advanced technology and depth
of client services by Celent a global research and advisory firm
part of the Oliver Wyman group.
The XCelent Awards, presented by Celent, recognized top
performing and emerging solution capabilities for next-generation
portfolio and risk systems. Global Exchange’s truView risk solution
received two XCelent awards for advanced technology and depth of
client services. In addition, it was recognized as a strong
contender for client base and market presence, making it the only
solution recognized in three out of four categories.
truView services $2 trillion in assets and provides an online,
end-to-end risk solution with broad multi-asset class coverage that
includes data collection, exception handling and calculating of
risk results. truView recently expanded its coverage with the
addition of Moody’s data to include securitized asset classes RMBS,
CMBS, ABS Car, ABS CC and Student Loans.
“In our industry study, State Street Global Exchange’s truView
risk solution was recognized for its multi-asset class support,
analytical capabilities and reporting functionality that lends
itself to become a firm-wide, total investment risk system,” said
Cubillas Ding, research director for securities and investments at
Celent. “State Street Global Exchange has also demonstrated a
strong vision in terms of focus and sustained investment in
technology.”
State Street Global Exchange was also recognized by the aiCIO
European Innovation Awards, which highlight the most innovative and
positive work taking place across the European asset owner and
asset manager sectors. The winners were determined by aiCIO’s
editorial board, with support from the advisory team made up of
mangers to assess real-time, accurate data on liquidity, risks and
overall exposure.
“As State Street Global Exchange celebrates its first year,
these awards validate our commitment to providing clients with a
suite of innovative, multi-asset class analytics to help address
risk, performance and challenges in investment decision making,”
said Steve Vanourny, senior vice president and head of risk
analytics, State Street Global Exchange. “Staying ahead of the
curve means constantly innovating, adapting and collaborating with
our clients to develop next-generation solutions.”
About State Street Corporation
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 $27.5 trillion in assets
under custody and administration and $2.4 trillion* in assets under
management as of March 31, 2014, State Street operates in more than
100 geographic markets worldwide, including the U.S., Canada,
Europe, the Middle East and Asia. For more information, visit State
Street’s web site at www.statestreet.com.
* Assets under management include the assets of the SPDR®® Gold
ETF (approximately $34 billion as of March 31, 2014), for which
State Street Global Markets, LLC, an affiliate of SSgA, serves as
the distribution agent.
CORP-1024
State Street CorporationAnne McNally,
+1-617-664-8576aemcnally@statestreet.comwww.statestreet.com@StateStreet
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