US custodian State Street has launched TotalETF, a servicing-solution for providers of exchange traded funds (ETFs).
A cloud-based system, TotalETF, helps to automate the lifecycle of ETFs from the basket-creation process to trade processing and settlement.
The firm’s service offering provides transparency through an ETF dashboard available on the company’s client website my.StateStreet.com.Additional functionality includes the geographic expansion of State Street’s Fund Connect ETF order management system and a daily performance attribution capability for ETFs.
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