State Street’s DataGX Wins “Best Data Management Solution” at the FTF News Technology Innovation Awards
June 20 2017 - 12:03PM
Business Wire
State Street Corporation (NYSE: STT) today announced that its
data management platform, DataGX, was voted “Best Data Management
Solution” at the FTF News Technology Innovation Awards. The awards,
announced today at a ceremony in New York City, recognize the
professionals, financial technology vendors, service providers,
industry bodies and regulators that made significant strides and
noteworthy achievements in operational excellence during 2016. A
panel of FTF judges selected the winners based upon votes from
industry peers, clients and other relevant industry
professionals.
“Successfully applying effective data management capabilities
has become increasingly challenging in a world where the amount of
available information only continues to grow and multi-asset class
investment management strategies are ever evolving,” said Subbiah
Subramanian, global head of DataGX. “DataGX is a flexible and
scalable front-office solution, making data management
controllable, and ultimately, investment decision-making easier for
our clients.”
DataGX helps clients manage and enrich multi-asset class data
while providing a complete view of their business for portfolio
management, analytics and reporting. The platform is a scalable,
cloud-based solution that allows clients to more completely measure
and evaluate risk, address regulatory concerns and make more
informed, real-time trading decisions.
“Much time and effort goes into DataGX to ensure it is ahead of
the curve when it comes to effectively applying data management
capabilities,” continued Subramanian. “We’re thrilled to be
acknowledged for this hard work and the innovation we bring to our
clients.”
In March 2017, DataGX won “Best Data Provider” at Hedge Fund
Management US Technology Awards, and in December 2016 it was
recognized as the “Best Tech Vendor for Data Management” at
RISK.net’s Buy-Side Awards. To learn more about
DataGX click here.
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 $29.83 trillion in assets
under custody and administration and over $2 trillion* in assets
under management as of March 31, 2017, State Street operates
globally in more than 100 geographic markets. For more information,
visit State Street's website at www.statestreet.com.
*AUM reflects approx. $33.33 billion (as of March 31, 2017) with
respect to which State Street Global Advisors Funds Distributors,
LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street
Global Advisors are affiliated.
State Street Corporation One Lincoln Street, Boston, MA
02111-2900.
© 2017 State Street Corporation - All Rights Reserved
CORP-3062Expiration date 6/30/2018
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State Street CorporationJulie Kane, +1
617-664-3001jekane@statestreet.com@StateStreet
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