State Streets Global Custody Clients To Get Improved Performance Measurement

RESEARCH & ANALYTICS

BOSTON-based State Street Bank & Trust Co. is in the midst of an expansion and upgrade of the performance measurement system it provides to its global custody clients. According to State Street officials, the move to beef up the service follows a period of significant growth in the bank's global custody business. The bank currently has some $1.6 trillion in assets under custody--including the holdings of the likes of California Public Employees' Retirement System.According to Laurette Bryan,