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State Street Corporation : State Street Named to Provide Risk Analytics Services for Emory University Endowment

06/28/2012| 12:05pm US/Eastern
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Expands Existing Servicing Relationship

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 Emory University to provide risk analytics services for its $5 billion endowment.

State Street will perform various analytical measures for the endowment in support of the risk management process, including data management and risk measurement and analysis. State Street will support Emory's complete endowment, aggregating data to provide a view of portfolio exposures and risk characteristics. The new mandate expands State Street's existing relationship with Emory, which includes custody, performance and compliance services.

"State Street's ability to customize its services to meet our specific needs as well as its ability to support our requirements across both hedge funds and private equity funds were key factors in our selection," said Brian Wachob, managing director of Asset Allocation at Emory University.

State Street has provided risk services to asset managers and owners for more than a decade, including a number of university endowment funds.

"We are delighted to expand our relationship with Emory University," said Rebecca Schechter, senior vice president and head of Foundations and Endowments at State Street. "By providing an end-to-end solution that emphasizes rigorous data management through to report generation, clients have access to tools that can help them make more informed investment decisions."

State Street's risk services tools support the full investment process through a customizable online interface. The full-service solution, which includes risk reporting, data management, portfolio construction and investor reporting, are supported by experienced investment, risk and data management professionals.

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 $23.2 trillion in assets under custody and administration and $2 trillion* in assets under management at March 31, 2012, State Street operates in 29 countries and more than 100 geographic markets. For more information, visit State Street's web site at www.statestreet.com.

*This AUM includes the assets of the SPDR Gold Trust (approx. $68 billion as of March 31, 2012), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors serves as the marketing agent.

State Street Corporation
Marie McGehee, + 1 617-664-1898
www.statestreet.com


© Business Wire 2012
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