State Street Global Exchange Recognized for Advanced Technology, Depth of
Client Services and Innovation
truView Risk Solution Expanded to Provide Clients with Securitized Credit
Asset Class Coverage
BOSTON -- May 29, 2014
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
* 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.
State Street Corporation
Anne McNally, +1-617-664-8576
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