BOSTON & TORONTO--(BUSINESS WIRE)--
State Street Corporation (NYSE: STT), one of the world's leading
providers of financial services to institutional investors, announced
today that it has been appointed by the General Synod Pension Plan of
the Anglican Church of Canada to provide custody, fund accounting,
securities lending and foreign exchange services for CAD $600 million in
assets.
The General Synod Pension Plan of the Anglican Church of Canada is a
multi-employer Pension Plan registered with the province of Ontario and
has been in existence since 1946. The General Synod Pension Plan of The
Anglican Church of Canada provides pension benefits to clergy and lay
employees of the Anglican Church of Canada and related organizations.
“After a competitive evaluation process, we chose State Street based on
its reputation for client service as well as its infrastructure and
reporting capabilities,” said Judy Robinson, executive director of the
Pension Office Corporation of the Anglican Church of Canada. “State
Street’s local presence and global expertise made it a logical choice
for our needs.”
“We are very pleased to be appointed by the Anglican Church of Canada
for this new mandate,” said Ronald Robertson, senior vice president and
managing director of State Street Trust Company Canada. “This win
exemplifies our commitment to providing Canadian institutional investors
with a high level of client service and to investing in the technology
and infrastructure to support their changing needs.”
State Street has provided investment servicing and management solutions
to Canada’s financial services community for more than twenty years.
With more than 1,200 employees in Toronto, Montreal and Vancouver, State
Street provides a broad array of services to many of Canada’s leading
institutional investors.
About State Street
State Street Corporation (NYSE: STT) is one of the world's leading
providers of financial services to institutional investors, including
investment management, investment research and trading and investment
servicing. With $20.2 trillion in assets under custody and
administration and $1.9 trillion in assets under management at September
30, 2010, State Street operates in 25 countries and more than 100
geographic markets worldwide. For more information, visit State Street’s
website at www.statestreet.com.
About the Pension Office Corporation
The Pension Office Corporation administers the General Synod Pension
Plan, the Lay Retirement Plan, the Long Term Disability Plan, the
Self-Insured Death Benefit Plan, Employee Benefits Plan and the
Continuing Education Plan for employees of the Anglican Church of Canada
and its related employers.
Source: State Street Corporation
Contact:
State Street Corporation
Carolyn Cichon, + 1 617-664-8672