Through strategic partnerships, State Street combines its proprietary industry expertise with business leaders who are experts in key niche markets to offer best-in-class solutions to asset managers and asset owners. See below for a listing of State Street's key partners and affiliates. Visit each partner’s site for more detailed information.
State Street Global Alliance, LLC
State Street Global Advisors and ABP, one of the world's largest pension funds, created a jointly-owned subsidiary, State Street Global Alliance, LLC, focused on partnering with innovative asset management firms.
Boston Financial Data Services, Inc.
Boston Financial Data Services, Inc. (BFDS), a joint venture of State Street and DST Systems, Inc., is a leading provider of high-quality shareholder services to the US mutual fund and retirement plan markets. The company's services include recordkeeping, transaction processing, reporting, regulatory compliance, and reconciliation and control.
A wholly owned subsidiary of State Street, Elkins/McSherry is a leading trading cost consultant, monitoring costs for many of the world's largest pension plans, investment managers and broker/dealers. Utilizing specialized reports, Elkins/McSherry provides trading efficiency analyses that determine the relative cost to trade on various stock exchanges globally and the effectiveness of trades and brokers. Through Elkins/McSherry, State Street offers clients expertise and credibility in transaction cost measurement, an increasingly important tool for global investors.
International Financial Data Services
International Financial Data Services (IFDS), a joint venture of State Street and DST Systems, Inc., offers the global collective investment industry specialized shareholder and investor servicing solutions to ensure fund managers have the technological and servicing edge to excel in their core business. Serving Canada, Europe and Asia, the company's services include advanced investor recordkeeping, e-business, reporting and workflow management in multiple languages and currencies.
International Fund Services
International Fund Services (IFS), acquired by State Street in July 2002, is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.
Princeton Financial Systems, Inc.
Princeton Financial Systems, Inc., a wholly owned subsidiary of State Street, was formed in 1969 with a focus on developing, deploying and maintaining investment systems for portfolio accounting. A leading provider of investment management and accounting systems for institutional investors worldwide, Princeton developed the industry-leading PAM® system, a state-of-the-art portfolio accounting and management database.
Investment Research and Trading
State Street Associates, LLC (SSA)
State Street Associates, LLC (SSA) is a partnership of industry and academia dedicated to delivering investment managers preeminent research in global asset allocation and currency management — unrivaled in the industry today. State Street Associates' products are available as analytical tools delivered over the State Street Global Link® platform or through advisory and investment management relationships. These products serve as essential assets for global investors at all stages of the investment process.
Blending the global assets, experience and intellectual capital of State Street Corporation, Windham Capital Management Boston, LLC and FDO Partners, LLC, State Street Associates provides leading-edge portfolio flow research, optimization and risk management technology, currency management in both developed and emerging markets, and global asset allocation.
FDO Partners is dedicated to providing world-class currency and country investment management and advisory services. Windham Capital Management Boston provides investment management and advisory services to the institutional investment community — specializing in currency management, global asset allocation and risk analysis.
The WM Company
The WM Company, a wholly owned subsidiary of State Street, is a world leader in performance measurement and investment administration services. Located in the UK, the WM Company collects and analyzes large amounts of financial data to help clients make informed investment decisions.