State Street and LHoFT Form FundTech and RegTech Partnership

Financial service provider State Street has joined forces with the Luxembourg House of Financial Technology Foundation (LHoFT) to address FundTech and RegTech challenges and opportunities.

The LHoFT Foundation and its latest Leadership Circle Partner, State Street will work together to explore the FundTech and RegTech landscape, their impacts on the financial services industry as well as the solutions that can be derived.

State Street has joined the twelve other distinguished members of the LHoFT’s Leadership Circle: BCEE, BGL BNP Paribas, Clearstream (Deutsche Börse Group), Deloitte Digital, Foyer Group, KPMG, POST, PwC, Six Payment Services, Société Générale, Telindus (Proximus Group) and Temenos. 

Nasir Zubairi, CEO of the LHoFT, commented: Luxembourg is the 2nd largest fund management centre in the world after the US, and thus both RegTech and FundTech are strategically important areas of focus in Luxembourg. We welcome the innovation leadership that State Street is demonstrating by partnering with us to help align their business with the world of tomorrow.” 

The LHoFT Foundation and State Street will share the Short and Sharp Stage at the ALFI Global Distribution Conference on 20 September 2017, discussing aspects of State Street’s latest thought leadership report, “A New Climate for Growth: Cultivating Asset Intelligence to Thrive".