State Street appoints Picciotto to head e-finance platform rollout

State Street has appointed Christopher Picciotto to a newly created position this week, putting him in charge of the custodian bank's e-finance platform to provide enhanced services to its institutional clients in Asia.

As the head of Global Link, an open network designed to help investment managers maximize efficiency and reduce risk, Picciotto will be responsible for spearheading the regional rollout and development of the system.

Global Link currently provides research, analytics and trade execution services to 261 asset management companies in 21 countries via a range of e-finance applications and services, offering full connectivity to its institutional clients' chosen trading destinations.

According to the bank, Global Link's clients collectively manage more than half...

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