State Street has launched a new service which calculates exposures to legal entities within a portfolio.
The new product, the Entity Exposure Monitor Service, claims to deliver dashboards that investors can use to drill down into information about issuer and counterparty risk across all asset classes.
According to State Street, the product also includes limit-setting and alerting capabilities that alert investors to any over-exposures to particular legal entities.
Commenting on the new service, State Street executive vice president and head of global product management Patrick Centanni described it as a product allowing clients to have transparency into how much financial exposure they had with each legal entity.
He said the product was also designed to help provide investors with advanced analytics such as exposure diversification measures and client universe comparisons.
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