State Street Alpha gains new European client
25 January 2021 UK
Image: rabbit75_fot/adobe.stock.com
Vontobel Asset Management has and entered into a multi-year service agreement to use State Street AlphaSM, the fully open and integrated front-to-back investment servicing platform that powers real-time data and intelligence across the investment lifecycle.
The partnership will include front office technology, investment operation services, Alpha data services and liquidity risk solutions.
The agreement represents a new strategic partnership between State Street and Vontobel Asset Management, State Street explains.
For Vontobel, it creates additional growth capacity while building out its investment services for its investment boutiques that actively manage assets for the clients of the investment house globally.
“We are delighted with Vontobel Asset Management becoming an important European client for State Street Alpha,” says Jörg Ambrosius, head of Europe, Middle East and Africa at State Street.
Ambrosius continues: “Our platform integrates and streamlines the investment process to deliver efficiencies, insights, speed and execution that support asset managers across every aspect of their investment lifecycle. By leveraging the platform’s open infrastructure, Vontobel AM can streamline day-to-day processes and operations to optimise returns and focus on future growth.”
Felix Lenhard, COO, member of the executive boards at Vontobel, comments: “We are happy to be partnering with State Street to further enhance the investment servicing platform for our investment boutiques.”
Lenhard adds: “With this solution, Vontobel will benefit from access to a robust, high quality and scalable operating model that will provide best in class services to our portfolio managers and supporting functions. We will also be able to improve servicing and onboarding of our clients as a result of expanded connectivity with custodians and brokers.”
The partnership will include front office technology, investment operation services, Alpha data services and liquidity risk solutions.
The agreement represents a new strategic partnership between State Street and Vontobel Asset Management, State Street explains.
For Vontobel, it creates additional growth capacity while building out its investment services for its investment boutiques that actively manage assets for the clients of the investment house globally.
“We are delighted with Vontobel Asset Management becoming an important European client for State Street Alpha,” says Jörg Ambrosius, head of Europe, Middle East and Africa at State Street.
Ambrosius continues: “Our platform integrates and streamlines the investment process to deliver efficiencies, insights, speed and execution that support asset managers across every aspect of their investment lifecycle. By leveraging the platform’s open infrastructure, Vontobel AM can streamline day-to-day processes and operations to optimise returns and focus on future growth.”
Felix Lenhard, COO, member of the executive boards at Vontobel, comments: “We are happy to be partnering with State Street to further enhance the investment servicing platform for our investment boutiques.”
Lenhard adds: “With this solution, Vontobel will benefit from access to a robust, high quality and scalable operating model that will provide best in class services to our portfolio managers and supporting functions. We will also be able to improve servicing and onboarding of our clients as a result of expanded connectivity with custodians and brokers.”
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