With increased industry-wide focus on transparency and operational efficiency, effective management of your funds is more important than ever. But integrating disparate systems, automating manual processes and consolidating multiple data inputs is costly and time-consuming to do in house. State Street combines state-of-the-art technology and expert fund administration teams located in the world's leading financial markets to create best-practice processes and systems, and ensure that your funds comply with the appropriate regulatory, financial and tax reporting requirements. Because we constantly monitor industry issues, we keep institutional investors like you informed about changing guidelines to help you minimize your risk.
Comprehensive support services
As your needs become increasingly complex, we continue to align our services to support all types of investment objectives and strategies. Our demonstrated servicing expertise adds value across the investment process, from a traditional investment approach to complex and hybrid multi-manager and pooled fund structures.
Our wide range of fund administration services includes:
> Financial Reporting
> Expense Administration
> Tax Services
> Compliance Support
> Legal Administration Services
> Blue Sky Fund Services
> Treasurer’s Office Support
A leading provider of complete custody, fund accounting and fund administration for decades, today State Street services 40 percent of the assets under administration in the US mutual fund market1 and calculates 40 percent of the US mutual fund prices provided to NASDAQ2 every day. This scale and expertise is the foundation of our fund administration capabilities, ensuring we can meet your needs for smooth operations, accurate reporting and business growth.
1Based on industry totals as calculated by the Investment Company Institute as of year-end 2009
2Reported on NASDAQ website as of year-end 2009