State Street Alpha Expands ETF Capabilities

State Street Corporation announced that its Alpha front-to-back asset servicing platform for institutional investment and wealth managers, now supports the entire ETF (exchange traded funds) lifecycle with front, middle and back-office capabilities, with everything bolstered by The State Street Alpha Data Platform (ADP). The new State Street Alpha for ETF Issuers offering integrates Charles River Development’s front office products with State Street’s industry ETF servicing capabilities to deliver end-to-end technology and processes for ETF issuers. According to a story in MarketsMedia news, State Street Alpha provides a centralized platform for ETF Issuers across the entire ETF lifecycle, including portfolio management, trading and compliance to enable growth across a variety of ETF strategies and increase speed to market. State Street’s Alpha platform is designed as an open architecture structure to integrate with external ETF providers as well as State Street’s internal ETF systems. More broadly, State Street has also established a fully integrated middle office servicing model that has been tailored specifically for ETF issuers.