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State Street Launches Fund Valuation Toolkit

Tuesday, March 20, 2012 5:17:00 AM PDT | VentureDeal Staff

   Boston, Massachusetts  --  Financial services firm State Street Corp. (NYSE: STT) has announced the launch of a new suite of financial service offerings.

Called Fund Insights, the first product is a valuation toolkit that provides multiple sources of prior-date prices and fair value levels across multiple vendors.

The service is aimed at asset managers and fund managers to help them better manage data.

State Street says that it has $21.8 trillion in assets under custody/administration and $1.9 trillion in assets under management.

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