The depositary will be able to link its UK private and wealth clients to global custodians based in Malta.
The combined solution enables its asset manager clients to outsource as many services as needed across the pre- and post-trade.
State Street recently announced new asset servicing mandates of $1.3 trillion in its first quarter earnings.
Investments into technology was cited as a core factor for State Street achieving new business wins.
The world’s largest custodian recorded revenues of $4.2 billion in the quarter, up by 9% year-on-year.
Northern Trust has become the custodian-of-choice for UK local government pension funds, having won eight other LGPS mandates.
Deutsche Bank names new head of securities services to be based in Dublin.
Jamie Dimon praises securities services segment which produces 16% rise in revenues during Q1 2018.
RBC I&TS has been appointed custodian of Bristol Gate Capital Partners’ Exchange Traded Funds.