Vontobel : Asset Management transitions front-to-back investment servicing to State Street AlphaSM

The agreement represents a new strategic partnership between State Street and Vontobel Asset Management, an active asset manager with global reach and a multi-boutique approach with more than CHF 120 billion in assets under management (AUM). For Vontobel, it creates additional growth capacity while building out investment service excellence for its investment boutiques that actively manage assets for the clients of the investment house globally.

'We are delighted with Vontobel Asset Management becoming an important European client for State Street Alpha,' said Jörg Ambrosius, head of Europe, Middle East and Africa, State Street. 'Our platform integrates and streamlines the investment process to deliver efficiencies, insights, speed and execution that support asset managers across every aspect of their investment lifecycle. By leveraging the platform's open infrastructure, Vontobel Asset Management can streamline day-to-day processes and operations to optimize returns and focus on future growth.'

'We are happy to be partnering with State Street to further enhance the investment servicing platform for our Investment Boutiques,' said Felix Lenhard, COO, Member of the Executive Committee, Vontobel. 'With this solution, Vontobel will benefit from access to a robust, high quality and scalable operating model that will provide best in class services to our portfolio managers and supporting functions. We will also be able to improve servicing and onboarding of our clients as a result of expanded connectivity with custodians and brokers.'