State Street Corp.

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Products, Expansion

First Abu Dhabi Bank And State Street Announce Strategic Alliance

Published: 07/12/2021 09:07 GMT
State Street Corp. (STT) - First Abu Dhabi Bank and State Street Announce Strategic Alliance.
Fab and State Street Corporation Announced a New Strategic Alliance That Leverages Fab’s Regional Securities Services Expertise, Incorporating the Largest Direct Custody Network in the Middle East and North Africa (mena), and State Street’s Global Strength and Capabilities.
Alliance Will Create a Full-service Enterprise Offering for Institutional Investors in the Region.
It Will Provide Mena Investors With Extensive Reach Into More Than 100 Markets Around the World, an Unrivalled Product Range Servicing All Major Listed and Unlisted Asset Classes, Delivered by In-country Client Service Teams in the Uae, Saudi Arabia, Kuwait, Oman, Bahrain and Egypt.
New Service Model Designed Specifically for Institutional Investors in Middle East and North Africa.
Clients Will Have Access to State Street’s Full Suite of Front, Middle and Back Office Capabilities, in Addition to Its Extensive Data Management and Analytics Solutions.
Further Company Coverage: Fab.