
STATE STREET RESEARCH LAUNCHES SIGNIFICANT CAPABILITIES TO ITS INSTITUTIONAL WEB SITE
Clients Now Able To Access Account Information On-Line
BOSTON, MA, February 11, 2002 - State Street Research & Management Company
announced today that it has launched a significant enhancement to its
web-based services with a capability that allows institutional clients to
access account information on-line. Through the website
www.ssrinstitutional.com , clients will be
able to retrieve information about their accounts, including current
portfolio holdings, valuations, performance and transaction summaries. The
new service also features a flexible reporting capability and is password
protected to ensure client confidentiality.
"It is a strategic imperative for State Street Research to leverage the
Internet for our clients and the ability to offer robust account information
on-line to clients is filling a need that has gone unmet in the
institutional investor community," said Christopher C. Abbott, executive
vice president and head of Institutional Marketing and Client Services for
State Street Research. "Given the fast-paced environment of the industry,
it is critical that we provide timely, accurate information that is
accessible to the client when and where it is needed. This is the first of
a number of customized portals we are working on at State Street Research to
meet the needs of our clients and distribution partners."
The website also features webcasts from the firm's investment professionals
featuring commentary on a wide range of subjects. Current topics include
the outlook for international markets and value investing.
State Street Research & Management Company, with a money management history
dating back to 1924, is one of the nation's first investment management
organizations. The Boston-based firm is a subsidiary of MetLife, one of the
world's largest financial services companies. As of December 31, 2001, State
Street Research managed $46.2 billion in assets, of which $28.5 billion
represented institutional clients and $17.7 billion represented mutual fund
and variable annuity portfolios. The firm has managed money for many of the
largest U.S. corporate pension plans for over 30 years. State Street
Research also manages individually managed accounts for affluent investors,
and mutual funds for over 576,000 shareholder accounts. The firm's Web site
address is www.ssrfunds.com .
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