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Fund services news

State Street implements Alpha for BMO GAM


06 December 2023 US
Reporter: Jack McRae

Generic business image for news article
Image: Jack McRae
State Street has successfully implemented its State Street Alpha platform with BMO Global Asset Management (BMO GAM).

BMO GAM is a Canadian asset management company which offers its clients a suite of mutual funds, ETFs, alternative funds, and other investment products.

State Street Alpha offers its clients a centralised operating model and technology platform to manage all of their public and private assets. It was developed following State Street’s acquisition of Charles River Development in 2018, and offers global, interoperable services for the front, middle and back office.

Rob Baillie, president and CEO of State Street Canada, says: “Alpha provides our clients with fast, reliable data, analytics and real-time insights, all of which are complemented by the platform’s flexibility and open architecture – providing each of our clients with their own interoperable platform.”

Bill Bamber, CEO of BMO GAM, says: “By adopting the State Street Alpha solution, we can provide our experienced investment teams with a market-leading end-to-end platform that will benefit the business both now and in the future.”
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