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Rating:State Street Improves Accounting App Not Rated 1.0 Email Routing List Email & Route  Print Print
Tuesday, February 8, 2005

State Street Improves Accounting App

by: Theresa Sim

State Street Corporation has added a new feature to its iTELS application to improve tax efficiency associated with sales of portfolio holdings. Users can now select tax lots from holdings adjusted for wash sales.

"iTELS' new service capabilities enable State Street's customers to obtain maximum tax efficiencies, through streamlined and accurate lot selection," said Alan Greene, executive vice president of State Street.  

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