BOSTON--(BUSINESS WIRE)--
State Street Corporation (NYSE:STT), the world's leading provider of
financial services to institutional investors, announced today the
addition of private equity, real estate asset data as well
characteristics capabilities into the State Street Investment Analytics
DashboardSM. Investment professionals now have access to
increased capabilities and an interactive dashboard with which to view
the performance of their investments.
For private equity and real estate investment professionals, the
Investment Analytics Dashboard now provides performance and analytical
information including look-through capabilities to the underlying assets
- both company and property. State Street's Dashboard captures
partnership-level data for more than 2,500 unique private equity and 500
unique real estate investments. For each asset type, relevant
performance data is provided, including long-term internal rates of
return for private equity and time-weighted returns. Customers may
choose from performance calculations over multiple frequencies and
valuation options, such as monthly (cash-adjusted values), quarterly
(General Partner values), or a customized option. Historical data can
also be integrated into the Dashboard, enabling trend analysis for key
metrics such as internal rates of return, contributions, and
distributions. The Dashboard also aggregates performance and exposure
information across each customer's entire plan, including public and
private holdings for returns and exposures.
A leading educational endowment and long-term State Street customer said
of the additional functionalities, "State Street's Dashboard is a
cutting-edge way to view our investment results. The State Street
Investment Analytics (SSIA) team has their finger on the pulse of what
is important to investment offices, which is a powerful, user-friendly
on-line tool that brings all of our investment reporting information to
our fingertips. This technology, combined with its top-notch service
team, makes State Street an invaluable part of our investment process."
"We have added the real estate and private equity functionality as well
as characteristic information since the announcement of the Dashboard in
April of this year. This rapid development cycle reflects the
flexibility of the Dashboard and our underlying data warehouse to add
new capabilities quickly and adapt to ever-changing customer needs,"
said William Pryor, senior vice president and head of State Street
Investment Analytics.
Access to the private equity and real estate Dashboard is available to
institutional plan sponsor clients of State Street's Private Edge
service. State Street plans to roll out additional enhancements to the
Investment Analytics Dashboard throughout 2009 as well as to continue to
create more customized dashboards to meet the needs of different types
of investment professionals. All Dashboards are being made available via
the company's award-winning my.statestreet.com online information portal.
State Street Corporation (NYSE: STT) is the world's leading provider of
financial services to institutional investors including investment
servicing, investment management and investment research and trading.
With $11.3 trillion in assets under custody and $1.4 trillion in assets
under management at March 31, 2009, State Street operates in 27
countries and more than 100 geographic markets worldwide. For more
information, visit State Street's web site at www.statestreet.com.
About State Street Investment Analytics (SSIA)
State Street Investment Analytics (SSIA) provides performance and
analytics services through 14 offices globally and has more than 500
dedicated investment performance professionals. Offering comprehensive
services in performance, compliance, risk and strategic analysis, State
Street Investment Analytics is well positioned to help customers monitor
and measure the success of their investment strategies in any market and
asset class including alternative investments, and currently provides
services for approximately 1,000 customers with asset volumes of more
than $5 trillion. For more information, please visit www.statestreet.com/analytics.
Source: State Street Corporation
Contact: State Street Corporation
Carolyn Cichon, 617-664-8672