State Street Corporation
State Street Corporation
Senior Vice President
One Lincoln Street
Boston, MA 02111
As a global service provider, our hedge fund services team operates under a follow-the-sun model, providing you with full coverage of your middle-office, hedge fund accounting, investor servicing and regulatory reporting requirements, regardless of the time zone where your investment management operations or investors are based. We also advocate for the specific needs of the alternatives community through our leadership roles in the industry, such as the Managed Funds Association (MFA), Women in Derivatives (WIND) and Chartered Alternative Investment Analyst (CAIA) Association.
For both hedge funds and fund of hedge funds, our comprehensive range of services includes:
Our middle-office solution spans the entire trade cycle from trade-date processing and confirmation to discrepancy reporting, trade settlement and collateral management.
Fund Accounting and Fund Administration
Our trained fund accountants deliver accurate calculations of your net asset value and financial statement preparation.
We provide integrated custody solutions that are tailored for the specific needs of hedge fund managers.
We can act as your depositary, offering services across key markets, asset classes and fund types, including “depositary lite” services.
Data and Analytics
We offer comprehensive tools that integrate data and provide analytics to meet your various reporting requirements. Our proprietary risk engine calculates security-level exposure, risk decomposition, performance, liquidity and stress testing analytics by using a historic revaluation model.
Investment Research and Trading
Using our Global Enhanced Custody product, you can borrow and finance securities directly from State Street within a segregated custody account. As a complement to your prime brokerage relationships, our solution provides a new channel for financing while giving you greater visibility into and control over your assets.
Foreign Exchange Services
Through State Street Global Markets, we are an active dealer or market-maker in the foreign exchange (FX) markets. As a custodian, we facilitate the processing and settlement of FX transactions at the discretion of our custody clients or their independent investment managers.
Principal FX Services
As a principal dealer in the FX market, State Street Global Markets offers two primary methods to execute FX transactions on a principal basis: direct FX services and indirect FX services.
Agency FX Services
State Street Global Markets offers agency-based FX trading solutions to investment managers (including internal and third-party investment managers of State Street’s custody clients) who want to outsource certain FX execution requirements.