As the world's leading investment service provider, State Street provides an array of customized investment solutions to asset managers, pension funds, hedge funds, insurance companies, collective funds, mutual funds and nonprofits. We offer fund accounting, fund administration, custody, securities lending, investment operations outsourcing, recordkeeping, performance and analytics and transfer agency services that are highly scalable and truly global. With our expertise and local knowledge, we help our customers control costs, develop and launch competitive new investment products, and expand globally.
Accounting Software
Through our subsidiary Princeton Financial Systems, we offer investors the state-of-the-art PAM® suite of portfolio management and accounting products — enabling them to focus on their core business and reduce expenditure on IT infrastructure and overhead. PAM automates the entire investment process and delivers full multicurrency capabilities to address the needs of today's sophisticated investors.
Accounting and Valuation Services
Consolidating assets into a single-system environment, we provide our clients with the exact information they need, when they need it. We leverage technology innovation, proven methodologies and a variety of service models to meet the needs of global sophisticated investors.
State Street Alternative Investment Solutions (AIS), a new business unit recently formed by State Street, brings a comprehensive and dedicated focus to meeting the needs of hedge fund and private equity fund managers. While AIS is new, its collective experience and expertise in servicing alternative investments is well established. In fact, State Street has more than 20 years experience working with leading alpha generating funds.
To meet our clients’ growing needs over the years, State Street acquired International Fund Services (IFS), and more recently, Palmeri Fund Administrators (PFA) and Investors Bank & Trust. These acquisitions expanded our hedge fund and private equity administration services. Today, State Street services more than $550 billion in alternative investment assets under administration.
Capital and Funding Services
Whether investors seek to finance a large project or need short-term credit, we offer a broad range of products to meet their liquidity, funding/financing and asset securitization needs.
Cash Management and Short-term Investments
Understanding that cash management is an integral component of our clients' overall investment strategy, we offer a full range of transaction, information and cash investment services. We have developed these capabilities to help investors improve yield, manage risk and achieve higher operating leverage.
Collective Fund Administration
We combine proprietary technology and expert fund administration teams located in the world's leading financial markets to ensure that our clients' funds comply with the appropriate regulatory, financial and tax reporting requirements. Because we constantly monitor industry issues, we keep investors informed about changing guidelines to help minimize their risk.
Custody
Recognized as an industry leader in providing global custody services, our custodian network spans more than 100 financial markets. Because safekeeping of assets is at the core of what we do, we hold all of our agent banks and depositories to the highest service and performance standards.
Custody
Recognized as an industry leader in providing global custody services, our custodian network spans more than 100 financial markets. Because safekeeping of assets is at the core of what we do, we hold all of our agent banks and depositories to the highest service and performance standards.
Our timely analytical services facilitate investors' decision-making processes by demonstrating the performance of their investments relative to similar portfolios and alongside relevant market information and benchmarks. We also offer value-added services, including consulting and sophisticated investment risk, compliance and trade cost analyses, which give customers the time, tools and information they need to maximize their potential for return.
Outsourcing
State Street provides customized investment operations outsourcing
services for institutional asset managers. Our services encompass all asset
management activities following trade execution through portfolio management
and client reporting, and are easily integrated with the full spectrum of accounting,
custody and fund administration services that State Street provides to sophisticated
investors around the world.
Pension and Investment Consulting
Because we have a long and rich history in the investment industry, we can share a wealth of knowledge with our clients to help them work more efficiently. Investors with a thirst for information turn to State Street as a valuable resource.
Companies who need turnkey benefit payment services - from benefit disbursements to retiree administration - select State Street, the established leader in the field. Our Retiree Services group is a stand alone business line and provides services to more than 750 customers of all types and sizes and processes three million payments per month.
State Street's Retiree Services group provides benefit disbursement services, which involves maintenance and disbursement of retirement payments; and retiree administration, which provides full support to the individuals who receive these payments. We customize our services to meet each client's particular needs and act as an extension of their benefits staff. Our interaction with each company's retirees is consistent with its corporate culture.
Risk and Compliance
Understanding the pressures that investors face in order to manage risk and adhere to investment guidelines, we offer tools to understand and control risk exposure — and assist in addressing liability and reporting issues.
State Street has been a market leader in the securities finance industry since 1974. The length and depth of our experience, and our commitment to this industry, help us understand our clients' needs and the challenges they face. With an expansive global network, state-of-the-art technology, and an industry-leading approach to portfolio and risk management, we provide our clients with around-the-clock opportunities in all major markets.
Systems Integration
We understand that investors need integrated systems to facilitate the investment process and consolidate data for optimal analysis and decision-making. We combine expertise, scale and technology-based resources and tools to integrate systems within their organizations while enabling them to exchange information easily and quickly.
Transfer Agency and Recordkeeping
Utilizing technologically advanced systems, our transfer agency services are automated to efficiently handle large volumes of complex transactions and the multi-jurisdictional regulatory, tax and currency challenges faced by global investors. Our shareholder recordkeeping platform supports a wide range of collective investment products and offers investors a flexible, robust and scalable back-office solution that is multilingual and multicurrency for seamless adaptability to local or international markets.
Wealth Manager Services
Whether presenting a package of specialized managed account services, serving the complex needs of high-net-worth private clients, or developing integrated solutions for ultra-high-net-worth individuals and family offices, our commitment to the wealth management marketplace combined with our vast intellectual, operational and technological capabilities give our clients confidence that they are consulting with a partner who delivers a full range of strategic, customized outsourcing services to empower them for the long term.
