State Street partners with Solovis to launch multi-asset class solution
20 September 2019 London
![Generic business image for news article](https://www.assetservicingtimes.com/assetservicesnews/images/FridaySeptember2020191568970929.jpg)
State Street has launched a multi-asset class solution in association with Solovis, to improve transparency and regulatory reporting for its clients.
Powered by DataGX, State Street’s solution incorporates the Solovis analytics application to manage data and traditional accounting book-of-record with alternative asset data, including third-party information.
As part of the new solution, critical data will be provided, enabling clients to manage, view and analyse their investments from one central location.
Clients will receive information through the client portal where they can access performance results, measured against industry data and create custom reporting.
The platform serves as a centralised location to let clients view and run different scenarios for performance, attribution, and ex-post risk across all asset classes.
Brenda Lyons, head of product for State Street global services, said: “We’ve partnered with Solovis and designed a comprehensive, multi-asset class platform that will equip firms with the information and insights they need to track performance and identify new opportunities for growth.”
Josh Smith, co-founder and CEO of Solovis, commented: “We are pleased to partner with State Street to enable a true multi-asset class portfolio management experience that aligns data, people and processes for more accurate, informed insights across the entire portfolio. This alignment will create a truly game-changing experience for asset owners.”
Powered by DataGX, State Street’s solution incorporates the Solovis analytics application to manage data and traditional accounting book-of-record with alternative asset data, including third-party information.
As part of the new solution, critical data will be provided, enabling clients to manage, view and analyse their investments from one central location.
Clients will receive information through the client portal where they can access performance results, measured against industry data and create custom reporting.
The platform serves as a centralised location to let clients view and run different scenarios for performance, attribution, and ex-post risk across all asset classes.
Brenda Lyons, head of product for State Street global services, said: “We’ve partnered with Solovis and designed a comprehensive, multi-asset class platform that will equip firms with the information and insights they need to track performance and identify new opportunities for growth.”
Josh Smith, co-founder and CEO of Solovis, commented: “We are pleased to partner with State Street to enable a true multi-asset class portfolio management experience that aligns data, people and processes for more accurate, informed insights across the entire portfolio. This alignment will create a truly game-changing experience for asset owners.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
![Advertisement](../images/bull-252524.png)