State Street Completes Acquisition of Charles River Development

State Street Corporation today announced that it has completed its acquisition of Charles River Systems, Inc. (Charles River Development). The combination of State Street and Charles River Development will enable the industry’s first-ever global interoperable platform connecting the front, middle and back office with one provider. This platform, supported by deep enterprise data management capabilities, will accelerate investment workflows, provide advanced data aggregation, analytics and compliance tools, and connect and exchange data with other industry platforms and providers.