State Street to launch new product Fund Insights
22 March 2012 Boston
Image: Shutterstock
State Street is to launch the Fund InsightsSM Valuation Toolkit, the first in a set of solutions aimed at efficiently providing industry insights for fund managers.
The first product launched within Fund Insights is the Valuation Toolkit, which supplies multiple sources of prior-day prices and fair value levels for securities across multiple vendors.
“With growing awareness of the complexities and pitfalls in the valuation process, we recognized an opportunity to aggregate industry data and insights and deliver it to our clients in a value-added format,” said Gunjan Kedia, executive vice president in State Street’s Investment Services division.
With the Valuation Toolkit, asset managers and fund directors can benchmark prices, observe trends over time, understand factors that cause prices to diverge, and obtain data for board-level reporting.
The first product launched within Fund Insights is the Valuation Toolkit, which supplies multiple sources of prior-day prices and fair value levels for securities across multiple vendors.
“With growing awareness of the complexities and pitfalls in the valuation process, we recognized an opportunity to aggregate industry data and insights and deliver it to our clients in a value-added format,” said Gunjan Kedia, executive vice president in State Street’s Investment Services division.
With the Valuation Toolkit, asset managers and fund directors can benchmark prices, observe trends over time, understand factors that cause prices to diverge, and obtain data for board-level reporting.
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