State Street launches data service for Fund Managers

State Street bank, one of the worlds largest custodian banks, has announced the introduction of a market data tool specifically designed for fund managers.

The bank launches the State Street Fund InsightsSM Valuation Toolkit, a solution that offers managers a selection of prices for securities across a range of vendors and fund providers.

Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term is making it difficult for managers to have quality information to make accurate assumptions.

State Street was under scrutiny by US courts after state pension funds were allegedly given bad FX pricing.