Irish Funds Premium Sponsor March 2022: State Street

Thursday, 03 March 2022

Irish Funds Premium Sponsor March 2022: State Street

About State Street Ireland

State Street Corporation (NYSE: STT) is one of the world’s leading providers of financial services to institutional investors including investment servicing, investment management as well as investment research and trading. In Ireland, State Street is the largest provider of fund administration and custody services with $1.7tn in assets serviced across all asset classes. The Irish group also manages $317bn within its investment management division SSGA [1].

To help international investors keep up with sweeping changes across the financial industry, State Street Ireland offers an array of flexible and customizable investment servicing solutions, including global custody, depositary services, multi-currency valuation, financial statement preparation, fund accounting and administration, global transfer agency, regulatory compliance monitoring and offshore fund services.

Also, to offer clients a competitive edge in an increasingly data-driven industry, State Street together with Charles River Development launched State Street Alpha, the first front-to-back asset servicing platform for institutional and wealth management firms. The platform offers real-time data and asset intelligence across the whole investment lifecycle.

Having operated in Ireland for 25 years, State Street has committed to continuously innovate and enhance their services based on clients’ evolving needs. With offices in Dublin, Drogheda, Kilkenny and Naas, State Street employs over 2,000 staff, guaranteeing resources and specialized expertise to serve as a front-to-back partner for global investors. As a further commitment to the Irish market, the company is to establish a new specialist 400-strong team in Kilkenny to provide infrastructure and cyber security services to support group operations globally.

[1]Source: Ireland | State Street Corporation