State Street Corporation and FactSet announced a strategic partnership integrating State Street Alpha and the complementary strengths of FactSet to streamline data flows across the front, middle and back-office through State Street's Alpha Data Platform. The two companies expect the collaboration will provide common clients with a seamless and highly functional experience from client portals for equity, fixed income and multi-asset strategies all the way through to custody. Across the back and middle office, the turnkey integration of State Street portfolio accounting data into FactSet's leading performance attribution, risk and reporting capabilities fosters a more seamless client experience with portfolio analytics from FactSet also integrated into the State Street Alpha Data Platform.

In addition, portfolios in FactSet will update intra-day as trades are executed and allocated in Charles River while proposed trades in FactSet transfer to Charles River for compliance and order management.