State Street is taking the next step toward their vision of providing seamless solutions that maximize value for our clients. With the acquisition of Charles River Development, they have achieved a key milestone in the many steps along a more than 225-year history.
Combining Charles River Development’s comprehensive portfolio management, trading and compliance capabilities with State Street’s asset servicing expertise will result in the industry’s first-ever front-to-back client servicing solution — an interoperable platform that will enable investment workflows, provide advanced data aggregation, analytics and compliance tools and connect and exchange data with other industry platforms and providers.