State Street Corporation (NYSE:STT) and London Stock Exchange
Group (LSE:LSEG), today announced their agreement to extend their
relationship. Building on their longstanding relationship, the
agreement includes a wide range of capabilities to support State
Street across its business, enhancing its offerings to clients.
“State Street has been a valued client of both FTSE Russell and
Refinitiv for many years and we are excited to extend our
collaboration,” said Andrea Remyn Stone, Group Head, Data &
Analytics, LSEG. “We look forward to continuing to work with State
Street as a key strategic partner, providing our broad range of
global, multi-asset class solutions to help enhance its
services.”
“LSEG brings together a broad range of data, indexes and
analytical services,” said John Plansky, executive vice president
and head of State Street Alpha. “Nearly every part of our business
has been using services provided by LSEG for many years and we look
forward to continuing to innovate together to serve State Street’s
clients.”
As an example of the new collaboration, clients can now access
market pricing, symbology, and time series data from Refinitiv in
the Charles River Investment Management Solution and the State
Street AlphaSM Data Platform to better inform their investment and
risk decisions. Importantly, the collaboration demonstrates the
benefits of open architecture and interoperability that
distinguishes the Alpha platform.
Charles River clients who subscribe to the service from
Refinitiv will benefit from streamlined access to real-time equity,
fixed income, and derivative market data alongside existing
reference data they currently enjoy.
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
$43.3 trillion in assets under custody and/or administration and
$3.9 trillion* in assets under management as of September 30, 2021,
State Street operates globally in more than 100 geographic markets
and employs approximately 39,000 worldwide. For more information,
visit State Street's website at www.statestreet.com.
*Assets under management as of September 30, 2021 includes
approximately $60 billion of assets with respect to SPDR® products
for which State Street Global Advisors Funds Distributors, LLC
(SSGA FD) acts solely as the marketing agent. SSGA FD and State
Street Global Advisors are affiliated.
© 2021 State Street Corporation - All Rights Reserved
3997901.1.1.GBL.RTL
About Charles River, a State Street Company Investment
firms, asset owners, wealth managers, hedge funds and insurers in
~30 countries rely on Charles River’s front and middle office
investment management platform to manage USD ~$35 Trillion in
assets. Together with State Street’s middle and back office
capabilities, Charles River’s cloud-deployed software technology
forms the foundation of State Street Alpha℠. The Charles River
Investment Management Solution (Charles River IMS) is designed to
automate and simplify the institutional investment process across
asset classes, from portfolio management and risk analytics through
trading and post-trade settlement, with integrated compliance and
managed data throughout. Charles River’s growing partner ecosystem
enables clients to seamlessly access external data and analytics,
applications and liquidity venues that support the unique demands
of their product and asset class mix. Headquartered in Burlington,
Massachusetts, we serve clients globally with more than 1,000
employees in 11 regional offices. For more information, please
visit www.crd.com.
About LSEG LSEG (London Stock Exchange Group) is more
than a diversified global financial markets infrastructure and data
business. We are dedicated, open-access partners with a commitment
to excellence in delivering the services our customers expect from
us. With extensive experience, deep knowledge and worldwide
presence across financial markets, we enable businesses and
economies around the world to fund innovation, manage risk and
create jobs. It’s how we’ve contributed to supporting the financial
stability and growth of communities and economies globally for more
than 300 years.
Data & Analytics We provide the breadth and depth of
financial data and best-in-class analytics that customers expect –
driving innovation and growth across global markets. And our
high-performance solutions – from trading, to market surveillance,
to wealth solutions and more – help to enhance the performance of
our customers. FTSE Russell is a leading global provider of
financial indexing, benchmarking and analytic services with more
than $16 trillion benchmarked to our indices – and offers an
extensive range of data services and research. The combination of
Refinitiv and FTSE Russell provides LSEG with leading capabilities
in data, analytics, indices and benchmarks.
Capital Markets We offer our customers extensive access
to capital markets and liquidity across multiple asset classes. We
operate a broad range of international equity, fixed income,
exchange-traded funds/exchange traded products and foreign exchange
markets. Our Group is home to several capital formation and
execution venues: London Stock Exchange, AIM, Turquoise,
CurveGlobal, FXall and Tradeweb (through a majority ownership
interest).
Post Trade We support our customers’ clearing and
reporting obligations, providing risk, balance sheet and financial
resource management solutions, whilst working with our other
divisions to extend this support across the value chain.
A leading global clearing house with a strong presence across
multiple asset classes, LCH helps financial institutions all over
the world use their capital efficiently and manage counterparty
risk. We work closely with sell-side clearing members and buy-side
clients in conjunction with trading venues globally.
UnaVista, a regulated platform that helps customers meet their
reporting compliance obligations and reduce operational and
regulatory risk through reporting, reference data and analytics
solutions, further complements our Post Trade offering.
Through a comprehensive suite of trusted financial market
infrastructure services – and our open-access model – we provide
the flexibility, stability and trust that enable our customers to
pursue their ambitions with confidence and clarity.
LSEG is headquartered in the United Kingdom, with significant
operations in 70 countries across EMEA, North America, Latin
America and Asia Pacific. We employ 25,000 people globally, more
than half located in Asia Pacific. LSEG’s ticker symbol is
LSEG.
Disclaimer:
Charles River Development - A State Street Company is a wholly
owned business of State Street Corporation (incorporated in
Massachusetts).
This document and information herein (together, the “Content”)
is subject to change without notice based on market and other
conditions and may not reflect the views of State Street
Corporation and its subsidiaries and affiliates (“State Street”).
The Content is provided only for general informational,
illustrative, and/or marketing purposes, or in connection with
exploratory conversations; it does not take into account any client
or prospects particular investment or other financial objectives or
strategies, nor any client’s legal, regulatory, tax or accounting
status, nor does it purport to be comprehensive or intended to
replace the exercise of a client or prospects own careful
independent review regarding any corresponding investment or other
financial decision. The Content does not constitute investment
research or legal, regulatory, investment, tax or accounting advice
and is not an offer or solicitation to buy or sell securities or
any other product, nor is it intended to constitute any binding
contractual arrangement or commitment by State Street of any kind.
The Content provided was prepared and obtained from sources
believed to be reliable at the time of preparation, however it is
provided “as-is” and State Street makes no guarantee,
representation, or warranty of any kind including, without
limitation, as to its accuracy, suitability, timeliness,
merchantability, fitness for a particular purpose, non-infringement
of third-party rights, or otherwise. State Street disclaims all
liability, whether arising in contract, tort or otherwise, for any
claims, losses, liabilities, damages (including direct, indirect,
special or consequential), expenses or costs arising from or
connected with the Content. The Content is not intended for retail
clients or for distribution to, and may not be relied upon by, any
person or entity in any jurisdiction or country where such
distribution or use would be contrary to applicable law or
regulation. The Content provided may contain certain statements
that could be deemed forward-looking statements; any such
statements or forecasted information are not guarantees or reliable
indicators for future performance and actual results or
developments may differ materially from those depicted or
projected. Past performance is no guarantee of future results. No
permission is granted to reprint, sell, copy, distribute, or modify
the Content in any form or by any means without the prior written
consent of State Street.
The offer or sale of any of these products and services in your
jurisdiction is subject to the receipt by State Street of such
internal and external approvals as it deems necessary in its sole
discretion. Please contact your sales representative for further
information.
State Street may from time to time, as principal or agent, for
its own account or for those of its clients, have positions in
and/or actively trade in financial instruments or other products
identical to or economically related to those discussed in this
communication. State Street may have a commercial relationship with
issuers of financial instruments or other products discussed in
this communication
©2021 STATE STREET CORPORATION
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Media: Ed Patterson epatterson@statestreet.com +1 404 213
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