State Street Teams Up with Teradata and SAS to Create ABS Valuation Service

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State Street is working with technology vendors Teradata and SAS to provide investors with the data and tools needed to value asset-backed securities, according to speakers at the Teradata Partners conference in San Diego in October.

The offering, which is currently at the proof of concept stage, will be an ABS data and analytics repository, a new product line for State Street. This product will compete with fund administration firms that provide valuation services for clients and data vendors

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