State Street partners with Harris | Oakmark 11 December 2024US Reporter: Jack McRae
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Harris | Oakmark, a Chicago-based investment management firm, has gone live with State Street Alpha, State Street’s front-to-back asset servicing platform for institutional investment managers.
The first phase of the migration focused on transaction lifecycle management services and the second and final phase of the migration is targeted for completion in early 2026.
John Plansky, head of State Street Alpha, says: “Providing middle office services to more than 2,000 of their private wealth and retail SMA accounts allows us to deepen our relationship with Harris | Oakmark and further showcase our data capabilities for wealth managers.”
Young Lee, chief operating officer from Harris | Oakmark, adds: “We have been very pleased with the progress made during the first phase of the migration as the platform will allow us to operate in a highly efficient operating environment and continue to provide exceptional services to our clients.”
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