State Street joins forces with Coremont to offer E2E service for hedge fund managers

State Street has entered into an alliance with Coremont, the operations specialist that was spun out from Brevan Howard, a UK hedge fund manager. The alliance will provide fully integrated outsourcing services for hedge fund managers, covering front, middle and back office operations, combining Coremont’s portfolio management analytics and support with State Street’s asset servicing and administration capabilities to cover the entire investment lifecycle from trading to risk management to NAV production. The offering spans all major asset classes including fixed income, currencies, equities, and commodities, as well as derivatives modelling and processing.