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Reported Earlier, State Street Chosen By Challenger To Manage Custody And Investment Administration For Multi-Billion-Dollar Portfolio

Author: Benzinga Newsdesk | September 05, 2024 03:11am

"This partnership is very important for State Street," said Stefan Gmuer, head of Asia Pacific and head of Strategic Business Growth at State Street. "The mandate reaffirms our front to back proposition which brings value, scale and efficiency to our clients who are looking to accelerate their own growth and transformation. It also further cements our position as a leading provider of choice for large, sophisticated transactions."

Challenger will be one of the largest investment managers in the region to deploy the State Street Alpha® platform, an asset servicing platform integrating the front, middle and back office from a single provider.

Posted In: STT

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