Thursday, 28 January 2021

It's a PR email from State Street

Yes, it is.

LONDON, January 25, 2021 - State Street Corporation and Vontobel today announced they have entered into a multi-year service agreement, where Vontobel Asset Management will use State Street AlphaSM, the world's first fully open and integrated front-to-back investment servicing platform that powers real-time data and intelligence across the investment lifecycle. The partnership will include front office technology, investment operation services, Alpha data services and liquidity risk solutions.

Well, uh ... not today, obviously. Ha! They didn't announce. Not the twenty-fifth, no. They didn't send me this today. Not three days ago, no. Yes, three days ago they sent it, the email. And that's all right! Is it? I don't think anyone minds that I'm writing my post NOW - !!! ... on Thursday night. Last post of the week, yes.

And even if they do mind ... I don't care. But I'm sure no one minds. Why would they? Think about it, reader(s). It's not a matter of life and death.

It's okay. It's fine. No one is upset or anything. No one is depressed. Life goes on ... unbelievably.

Anyway ...

The agreement represents a new strategic partnership between State Street and Vontobel Asset Management, an active asset manager with global reach and a multi-boutique approach with more than CHF 120 billion in assets under management (AUM). For Vontobel, it creates additional growth capacity while building out investment service excellence for its investment boutiques that actively manage assets for the clients of the investment house globally.

AUM. It sure is nice to hear about AUM again. When was the last time we heard about AUM, Voice?


Anyway, here's Jorg ...

"We are delighted with Vontobel Asset Management becoming an important European client for State Street Alpha," says Jorg Ambrosius, head of Europe, Middle East and Africa, State Street. "Our platform integrates and streamlines the investment process to deliver efficiencies, insights, speed and execution that support asset managers across every aspect of their investment lifecycle. By leveraging the platform's open infrastructure, Vontobel AM can streamline day-to-day processes and operations to optimize returns and focus on future growth."

Thank you, Jorg.

Jorg is delighted. They all are. Well, he says that they all are. I can't imagine he would lie to us. Jorg just isn't the type.

Here's Felix now ...

"We are happy to be partnering with State Street to further enhance the investment servicing platform for our Investment Boutiques," says Felix Lenhard, COO, Member of the Executive Board, Vontobel. "With this solution Vontobel will benefit from access to a robust, high quality and scalable operating model that will provide best in class services to our portfolio mangers and supporting functions. We will also be able to improve servicing and onboarding of our clients as a result of expanded connectivity with custodians and brokers."

Thank you, Felix.

Felix is happy. They all are. Well, he says that they all are. I can't imagine he would lie to us. Felix just isn't the type.



Anything else?


I can't

I can't think

I can't think of

I can't think of anything