State Street Corporation (NYSE:STT), one of the world’s leading providers of financial services to institutional investors, today announced that it crossed the $10 trillion mark in client assets serviced by the firm’s investment analytics team. In addition to this milestone, enhancements were added to the risk and analytics offering including new functionality for online and UCITS reporting and attribution dashboards.
State Street ‘s Investment Analytics team provides performance and analytics services serving approximately 1,400 clients globally and offers comprehensive services in performance, risk and strategic analysis that help clients monitor and measure the performance of investment strategies in any market and in any asset class, including alternatives.
“This $10 trillion milestone demonstrates State Street’s industry leadership in investment analytics and reporting and our commitment to continually enhancing our services for clients,” said William C. Pryor, senior vice president and head of State Street Investment Analytics. “Over the last four years, we have seen a significant uptick in demand for analytics, from traditional services such as performance and compliance monitoring as well as new services for risk and alternatives analysis. Our primary focus is on ensuring that we are providing clients with the tools they need to keep pace with the evolution of the financial markets.”
Additional enhancements to the suite of analytic offerings include Executive reporting, Monthly and Daily Attribution dashboards and UCITS reporting. Executive reporting enables clients to rapidly build customized multi-container reports with commentary and graphics. Monthly and Daily Attribution Dashboards that support security-level attribution analysis across multiple classification roll-up schemes, benchmarks, methodologies and time periods have also been introduced. Additionally, comprehensive UCITS reporting capabilities have been launched, including exposure and limit reporting, Value-at-Risk (VaR) analysis, back testing and stress testing. Additional interactive risk services are available and include customizable reporting and position-based risk analysis. In addition to the UCITS reporting capabilities, Elkins/McSherry, State Street’s trading cost analysis business, has launched Z-Score analysis that provides a score based on how closely each trade tracks the Volume-Weighted Average Price (VWAP), within the context of each stock’s volatility.
