The new service will provide clients deeper transparency analysis and new functionality.
Adding to their range of investment analytics, State Street says it will launch an equity exposure monitor service, which will calculate and analyze institutional investors' exposure to those legal entities that asset managers and owners either do business with or have within their portfolios.
In addition to a dashboard presenting issuer and counterparty risk information across different asset classes, the service will also feature limit-setting and alert clients to over-exposure to particular entities, as well as diversification measures and client universe comparisons.
"In today's increasingly complex investment environment, we are able to provide our clients with a solution that enables them to have transparency into how much financial exposure they have with each legal entity," says Patrick Centanni, executive vice president and head of global product management at State Street.
- Benefits, Limitations Abound for ‘as-a-Service' Platforms When it Comes to Risk
- Interactive Data Loses COO Nadler, Infrastructure CTO Caudell
- The Waters Weekly Wrap: February 8-12
- Markit Adds JPMorgan Integration Software for Syndicated Loans
- Panelists: Finance, Risk Need to be Brought Together to Improve Data Management Processes