State Street Explores Deeper Data Integration with Charles River

The bank is looking to create a single security master so the same data flows through the system.

After acquiring Charles River last year, State Street is in the process of deepening the integration of Charles River’s systems with the bank’s wide-range of products by developing a single master file of securities data, thus creating a seamless front-to-back offering.

State Street has completed the base integration of Charles River’s systems and is now in the process of finding new and more effective uses for it, says Dick Taggart, head of front to back platform services for State Street.

“H

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