State Street to Support Entire ETF Lifecycle through Alpha Platform

State Street has expanded the capabilities of its Alpha platform to support the entire lifecycle for exchange traded funds (ETFs) according to a story in The Trade news. The new State Street Alpha for ETF Issuers offering integrates Charles River Development’s front-office products with State Street’s ETF servicing capabilities to provide end-to-end technology and processes for ETF issuers. Issuers using the Alpha platform can make use of portfolio management, trading and compliance to enable growth across a variety of ETF strategies and increase speed to market. The 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.