State Street Corporation has expanded its global servicing capability for exchange traded funds (ETFs). Now leveraging state-of-the-art cloud-enabled technology, its ETF servicing solution, TotalETFSM, drives full automation throughout the lifecycle of an ETF from the basket-creation process to trade processing and settlement. The enhancements provide complete integration to core applications, end-to-end automation, and full client transparency via an ETF dashboard available on the company’s client website. Additional functionality includes the geographic expansion of its Fund Connect ETF order management system and a daily performance attribution capability.
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