December 20, 2021

State Street and LSEG expand relationship 

BOSTON - State Street Corporation and London Stock Exchange Group, today announced their agreement to extend their relationship. Building on their longstanding relationship, the agreement includes a wide range of capabilities to support State Street across its business, enhancing its offerings to clients.

“State Street has been a valued client of both FTSE Russell and Refinitiv for many years and we are excited to extend our collaboration,” said Andrea Remyn Stone, Group Head, Data & Analytics, LSEG. “We look forward to continuing to work with State Street as a key strategic partner, providing our broad range of global, multi-asset class solutions to help enhance its services.”

“LSEG brings together a broad range of data, indexes and analytical services,” said John Plansky, executive vice president and head of State Street Alpha. “Nearly every part of our business has been using services provided by LSEG for many years and we look forward to continuing to innovate together to serve State Street’s clients.”

As an example of the new collaboration, clients can now access market pricing, symbology, and time series data from Refinitiv in the Charles River Investment Management Solution and the State Street AlphaSM Data Platform to better inform their investment and risk decisions. Importantly, the collaboration demonstrates the benefits of open architecture and interoperability that distinguishes the Alpha platform.

Charles River clients who subscribe to the service from Refinitiv will benefit from streamlined access to real-time equity, fixed income, and derivative market data alongside existing reference data they currently enjoy.

About State Street Corporation

State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $43.3 trillion in assets under custody and/or administration and $3.9 trillion* in assets under management as of September 30, 2021, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

*Assets under management as of September 30, 2021 includes approximately $60 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

About Charles River, a State Street Company

Investment firms, asset owners, wealth managers, hedge funds and insurers in ~30 countries rely on Charles River’s front and middle office investment management platform to manage USD ~$35 Trillion in assets. Together with State Street’s middle and back office capabilities, Charles River’s cloud-deployed software technology forms the foundation of State Street Alpha℠. The Charles River Investment Management Solution (Charles River IMS) is designed to automate and simplify the institutional investment process across asset classes, from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout. Charles River’s growing partner ecosystem enables clients to seamlessly access external data and analytics, applications and liquidity venues that support the unique demands of their product and asset class mix. Headquartered in Burlington, Massachusetts, we serve clients globally with more than 1,000 employees in 11 regional offices. For more information, please visit www.crd.com.

About Refinitiv

Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world’s largest providers of financial markets data and infrastructure. With $6.25 billion in revenue, over 40,000 customers and 400,000 end users across 190 countries, Refinitiv is powering participants across the global financial marketplace. We provide information, insights, and technology that enable customers to execute critical investing, trading and risk decisions with confidence. By combining a unique open platform with best-in-class data and expertise, we connect people with choice and opportunity – driving performance, innovation and growth for our customers and partners.

Contacts

Louis Auty
Refinitiv, London Stock Exchange Group
Communications Director
louis.auty@lseg.com