State Street hopes products will help advisers meet regulatory requirements

05/7/2010 | OnWallStreet.com

State Street has launched a suite of money market fund services. The products are aimed at helping financial advisers meet regulatory requirements. The products offer "stress tests to help clients assess the stability of their portfolios in times of market turmoil, as well as new calculations, reporting and filings to help clients meet all of the new SEC guideline," said Alan Greene, State Street's executive vice president of global services.

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