AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best IT Integration Initiative: State Street

How does an organization integrate a new acquisition with its global infrastructure without missing a beat? For State Street Global Advisors (SSgA), it was a matter of creating what it describes as a virtual integration architecture (VIA).

In January 2011, SSgA acquired Bank of Ireland Asset Management (BIAM) for its active fundamental business. To reach the desired operational synergies and targeted cost savings, the asset manager needed to consolidate systems, datacenters, and staff as quickly