BOSTON--([ BUSINESS WIRE ])--State Street Corporation (NYSE: STT), one of the worldas leading providers of financial services to institutional investors, today announced the launch of its Entity Exposure Monitor Service which calculates exposure to particular legal entities that asset managers and asset owners either do business with or have within their portfolios.
"In todayas increasingly complex investment environment, we are able to provide our clients with a solution that enables them to have transparency into how much financial exposure they have with each legal entity"
Delivered through State Streetas proprietary online client information delivery system, my.statestreet.com, Entity Exposure Monitor Service includes state-of-the-art dashboards that investors can use to drill down into information about issuer and counterparty risk across all asset classes. It also features limit-setting and alerting capabilities that alert investors regarding over exposure to a particular legal entity. State Streetas Entity Exposure Monitor Service is also designed to help provide investors with comprehensive details and advanced analytics such as exposure diversification measures and client universe comparisons.
aIn todayas increasingly complex investment environment, we are able to provide our clients with a solution that enables them to have transparency into how much financial exposure they have with each legal entity,a said Patrick Centanni, executive vice president and head of Global Product Management at State Street. aSolving our clientsa challenges with innovative solutions is an ongoing focus for our product development teams globally.a
Entity Exposure Monitor Service is one of the newest additions to State Streetas wide range of investment analytics services which include comprehensive services in performance, risk, compliance and strategic analysis that help investors monitor and measure the success of their investment strategies in any market and in any asset class, including alternative investments.
About State Street
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 $21.8 trillion in assets under custody and administration and $1.9 trillion* in assets under management at December 31, 2011, State Street operates in 29 countries and more than 100 geographic markets. For more information, visit State Streetas web site at [ www.statestreet.com ]
*This AUM includes the assets of the SPDR Gold Trust (approx. $63 billion as of December 31, 2011), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors serves as the marketing agent.