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BMO Global Asset Management implements State Street Alpha

State Street Corporation (NYSE:STT) today announced a successful implementation of State Street Alpha, its front-to-back asset servicing platform for institutional investment and wealth managers, with BMO Global Asset Management (BMO GAM).

BMO GAM is a leading Canadian asset manager with an innovative suite of mutual funds, ETFs, alternative funds, and other investment products.

BMO GAM began the implementation of State Street’s Alpha platform just under two years ago and now leverages Alpha’s extensive end-to-end capabilities across the front, middle and back office, incorporating Charles River Development (CRD), custody, registrar and transfer agency, accounting and a range of supplementary services.

“BMO GAM has been a long-term partner of State Street who has operated our middle and back-office services for many years. By…
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