T. Rowe Price Expands Use of Cloud-Based Charles River® IMS
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
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US:NYSE Investor Relations:
investors.statestreet.com
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Source: Business Wire
BOSTON--(BUSINESS WIRE)--Charles River Development, a State Street Company, announced today that T. Rowe Price will transition to Charles River’s cloud-based technology platform. T. Rowe Price will utilize the Charles River Investment Management Solution (IMS) for portfolio management, trading, and compliance and the State Street Alpha® Data Platform (ADP) for data management and services.Charles River delivers a future-ready platform with services to provide a foundation for business innovation and transformation. T. Rowe Price will benefit from the cloud-based platform, including the ability to leverage the latest products, functionality, and scalability.“We are excited to extend our existing relationship with Charles River. Charles River’s cloud-based solution will allow us to accelerate access to their new product offerings, allowing T. Rowe Price to continue our primary focus on delivering for our clients,” said Marc Wyatt, Head of Global Trading, T. Rowe Price. “As part of C
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