State Street Corporation (NYSE:STT) and TCW have announced an expansion of their decades-long partnership that now includes the provision of middle office services.
This engagement builds on and grows the existing suite of services that State Street continues to provide TCW, including administrative and custody services to support TCW’s public and private fund complexes and capital for TCW’s alternatives platform. TCW will leverage State Street’s technical expertise and Alpha services to create seamless integration with its front-end platform to unify the investment management process.
“Asset managers are continually looking for partners who can provide them with solutions that enable them to serve clients well, grow, and scale,” said Ron O’Hanley, chairman and chief executive officer of State Street Corporation. “We…
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