Category: State Street

State Street’s Collateral + business has gone live with DTCC’s Margin Transit Utility (MTU), which has been designed for simplifying the transfer of collateral among market participants. By leveraging MTU, State Street’s Collateral+ business will now be able to more efficiently validate, enrich, settle, report and monitor third party collateral while connecting to and sharing…

State Street has entered into an agreement with ANIMA SGR, the independent Italian asset manager with EUR198bn (USD232bn) AuM, to provide front office IT platform solutions and back-office administration services for certain ANIMA institutional and retail managed accounts (s.c. gestioni patrimoniali). Services provided by State Street in Italy cover approximately EUR24bn (USD28bn) AuM for retail…

State Street has appointed new country heads for Germany, Luxembourg and Switzerland. Andreas Niklaus has been appointed as the head of Germany, Riccardo Lamanna as the head of Luxembourg and Dagmar Kamber Borens as the head of Switzerland. They will be responsible for developing business, stewarding client engagement, developing talent, and building the company’s brand…

State Street has appointed Taro Kuryuzawa as country head for Japan, a newly created role. Based in Tokyo, Kuryuzawa will report to Mostapha Tahiri, chief executive officer for Asia Pacific. Kuryuzawa joined State Street earlier this year, from Deloitte Tohmatsu, where he was most recently head of institutional investor coverage in Japan and global lead…

State Street has appointed Elliot Graham as a managing director in the bank’s portfolio solutions team, heading the transition management business in Asia Pacific. Based in Sydney, Graham will report to James Woodward, head of portfolio solutions for State Street Global Markets in Asia Pacific. He was most recently with Macquarie Securities and previously with…

Putnam Investments, which recently listed four actively managed, semi-transparent ETFs on NYSE, has appointed State Street as its service provider. Putnam leverages a proxy-based actively managed ETF model for the funds. State Street currently provides back-office work, specifically accounting and custody services, to the Boston-based investment management firm, which has USD200bn AuM.