Partners & Affiliates
 
See below for a listing of State Street's key partners and affiliates. Visit each link for more detailed information.
 
 
Investment Management
 
State Street Global Alliance, LLC
 
State Street Global Advisors and ABP, one of the world's largest pension funds, created a jointly-owned subsidiary, State Street Global Alliance, LLC, focused on partnering with innovative asset management firms.
 
 

Investment Servicing
 
Boston Financial Data Services, Inc.
 
Boston Financial Data Services, Inc. (BFDS), a joint venture of State Street and DST Systems, Inc., is a leading provider of high-quality shareholder services to the U.S. mutual fund and retirement plan markets. The company's services include recordkeeping, transaction processing, reporting, regulatory compliance, and reconciliation and control.
 
 

Elkins/McSherry, LLC
 
A wholly-owned subsidiary of State Street, Elkins/McSherry is a leading trading cost consultant, monitoring costs for many of the world's largest pension plans, investment managers and broker/dealers. Utilizing specialized reports, Elkins/McSherry provides trading efficiency analyses that determine the relative cost to trade on various stock exchanges globally and the effectiveness of trades and brokers. Through Elkins/McSherry, State Street offers clients expertise and credibility in transaction cost measurement, an increasingly important tool for global investors.
 
 

International Financial Data Services
 
International Financial Data Services (IFDS), a joint venture of State Street and DST Systems, Inc., offers the global collective investment industry specialized shareholder and investor servicing solutions to ensure fund managers have the technological and servicing edge to excel in their core business. Serving Canada, United Kingdom, Europe and Asia, the company's services include advanced investor recordkeeping, ebusiness, reporting and workflow management in multiple languages and currencies.
 
 

International Fund Services
 
International Fund Services (IFS), acquired by State Street in July 2002, is a leading provider of fund accounting and administration services as well as trade support and middle-office services for alternative investment portfolios. The acquisition of IFS extends State Street's capabilities in serving the expanding requirements of sophisticated global investors who are increasingly allocating a larger share of their assets under management to non-traditional investments, including hedge funds.
 
 

Princeton Financial Systems, Inc.
 
Princeton Financial Systems, Inc., a wholly-owned subsidiary of State Street, was formed in 1969 with a focus on developing, deploying and maintaining investment systems for portfolio accounting. A leading provider of investment management and accounting systems for institutional investors worldwide, Princeton developed the industry-leading PAM® system, a state-of-the-art portfolio accounting and management database.
 
 

State Street Associates, LLC (SSA)
 

State Street Associates, LLC (SSA) is a partnership of industry and academia dedicated to delivering investment managers preeminent research in global asset allocation and currency management — unrivaled in the industry today. State Street Associates' products are available as analytical tools delivered over the State Street Global Link® platform or through advisory and investment management relationships. They serve as essential assets for global investors at all stages of the investment process.

Blending the global assets, experience and intellectual capital of State Street Corporation, Windham Capital Management Boston, LLC and FDO Partners, LLC, State Street Associates provides leading-edge portfolio flow research, optimization and risk management technology, currency management in both developed and emerging markets, and global asset allocation.

FDO Partners is dedicated to providing world-class currency and country investment management and advisory services. Windham Capital Management Boston provides investment management and advisory services to the institutional investment community — specializing in currency management, global asset allocation and risk analysis.

 
 

The WM Company
 
A State Street Company
The WM Company, a wholly-owned subsidiary of State Street, is a world leader in performance measurement and investment administration services. Located in the U.K., the WM Company collects and analyzes large amounts of financial data to help clients make informed investment decisions.