Subject category:
Strategy and General Management
Published by:
Harvard Business Publishing
Version: 7 January 1999
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Abstract
With Multi-currency HORIZON, a real-time multi-currency accounting system that replaced the traditional batch oriented single-currency accounting system, successfully launched, State Street Corp (State Street) began to focus on growing the scope of their business through new information-based value-added services. At an analyst meeting in May 1997, Marshall N Carter, chairman and chief executive office of State Street had announced that State Street's goal was to offer its customers a fully integrated range of products and services, from news and market data through to trade settlement.
About
Abstract
With Multi-currency HORIZON, a real-time multi-currency accounting system that replaced the traditional batch oriented single-currency accounting system, successfully launched, State Street Corp (State Street) began to focus on growing the scope of their business through new information-based value-added services. At an analyst meeting in May 1997, Marshall N Carter, chairman and chief executive office of State Street had announced that State Street's goal was to offer its customers a fully integrated range of products and services, from news and market data through to trade settlement.