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State Street expands ETF servicing capabilities

30 January 2012

The new service uses cloud technology

Read more: State Street ETFs cloud technology

State Street Corporation has expanded its global servicing capability for exchange traded funds (ETFs).

Using cloud-enabled technology, State Street’s ETF servicing product, TotalETF, is fully automated throughout the lifecycle of an ETF from the basket-creation process to trade processing and settlement.

The new enhancements...