State Street Unveils Key Service Enhancements to My.statestreet.com.BOSTON -- Comprehensive Access Now Offered from Customer-Focused Web Portal See portal. Providing Enhanced Data and Analytical Tools At its U.S. client conference in Arizona today, State Street Corporation (NYSE NYSE See: New York Stock Exchange : STT STT State Street Corporation (stock symbol) STT Suomen Tietotoimisto (Finnish National News Agency) STT Secure Transaction Technology STT Surface Tension Transfer (welding) ), the world's leading provider of services to institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. , announced the addition of several new and enhanced services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; and analytics to my.statestreet.com, the company's secure Web-based platform for customer data and applications. My.statestreet.com provides a secure, single entry point to State Street's full suite of sophisticated market data and analysis applications in a highly customizable environment. The site allows customers access to a consolidated view of their account information, performance measurement and risk analysis tools, State Street research reports on global financial markets and securities lending Securities Lending When a brokerage lends securities owned by its clients to short sellers. Notes: This allows brokers to create additional revenue (commissions) on the short sale transaction. tools. To meet customers' needs in a market characterized by increased regulatory pressures, evolving asset categories, and complex financial and management challenges, State Street further enhanced my.statestreet.com by introducing Corporate Governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. Portfolio Analysis (CGPA CGPA Cumulative Grade Point Average (educational ranking/evaluation method) CGPA Canadian Generic Pharmaceutical Association CGPA College Partnership, Inc. ), based on research by leaders in the field of corporate governance research and reporting. CGPA enables customers to evaluate the corporate governance attributes of their investment portfolios. The data leverages State Street's analytical tools, providing customers with valuable information to help them detect and mitigate risk and manage opportunity more completely. State Street also announced enhancements to the existing services offered on my.statestreet.com, including: investment compliance, which provides customized reporting capabilities to streamline and simplify the monitoring process; risk reporting services, which will provide a more comprehensive range of risk management tools; headquarters reporting, which enables customers to view worldwide investment information, including market values, asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. , exposures, performance results and positions; performance comparison, which provides data on more than 1,200 plans representing more than 20,000 portfolios with assets in excess of $2 trillion; and performance measurement, which customers can use to access customized reports and performance information from anywhere in the world. "We are excited to introduce this suite of new and enhanced services and tools on my.statestreet.com and expect our customers will benefit from 24-hour access to cutting edge, customizable investor solutions delivered on a flexible platform," said Robert Tarter, executive vice president of State Street. "These new offerings establish a new standard for Web-based customer access technology within our industry and exemplify State Street's commitment to continually meeting the wide array of our customers' needs for practical, value-added, decision support technologies that enhance their performance and deepen our relationships." "The wide-ranging performance and risk reporting capabilities of my.statestreet.com constitute a breakthrough in Web-based functionality," said Joseph Antonellis, chief information officer for State Street. "These innovations underscore The underscore character (_) is often used to make file, field and variable names more readable when blank spaces are not allowed. For example, NOVEL_1A.DOC, FIRST_NAME and Start_Routine. (character) underscore - _, ASCII 95. State Street's focus on unique technologies that aggregate a broad range of sophisticated information and analytical tools in a highly customizable and user-friendly interface." My.statestreet.com also has a capability for alerting customers to new product developments and systems enhancements, and allows customers to communicate directly with State Street client representatives regarding products and services. State Street Corporation (NYSE: STT) is the world's leading specialist in providing institutional investors with investment servicing, investment management and investment research and trading. With $9.5 trillion in assets under custody and $1.4 trillion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. as of December 31, 2004, State Street operates in 25 countries and more than 100 markets worldwide. For more information, visit State Street's Web site at www.statestreet.com. |
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