State Street Global Services | Best ETF Middle Office Tech Provider in Canada
Jeffrey Sardinha, managing director, Head of ETF Solutions – Americas, State Street, answers the questions on their win in this year’s awards.
What is the size and scale of your business at the moment?
We service 72 per cent of the ETF industry in Canada, with USD241 million in assets across 12 issuers (as of 3/31/24). Globally STT services 45 per cent of the overall ETF industry with in excess of USD5.65 trillion of assets under Admin/custody (as of 3/31/24). We appreciate the trust the ETF industry globally and specifically in Canada have placed in STT.
What trends have you seen over the past year?
Every day STT sees more than 10 per cent of the world’s investable assets flowing through our platforms for either custody, or accounting/admin. That gives us a unique vantage point across the board. When…
