A State Street news release said HQR provides customers with an aggregated view of worldwide investment information, including market values, asset allocations, exposures, performance results, and positions. An enhanced data acquisition capability produces a consolidated view of the customer’s worldwide investment assets.
HQR also provides users with the ability to customize their data hierarchies down to individual portfolios and holdings in their currency of choice, the company said.
According to State Street, capabilities of HQR include:
- reports on investment activity, including beginning and ending asset values, returns and flow information
- ability to drill down through the hierarchy of the information
- assistance with regulatory reporting.
“By consolidating asset values and positions, as well as performance results and risk information, we’ve enabled our customers to efficiently and cost-effectively meet the global marketplace’s increased demand for comprehensive data views and complex investment reporting,” said Joseph Antonellis, State Street chief information officer, in the news release.