Tech Bytes: State Street to OfferAccount Data On-Line

State Street Corp. is rolling out an Internet-based information service that lets clients view account information and import data files via a Web browser.

State Street claims it is one of the first banks to offer such a product to the institutional market.

One of the pilot users is Boston-based First Security Services Corp., the largest firm of its kind in New England.

The system is based on State Street's Prime-Meridian technology, which was introduced last year at the Treasury Management Association conference in Atlanta. The technology facilitates information gathering and short-term liquidity management in a multibank, multicurrency environment.

State Street Prime-Meridian Internet is slated to be formally introduced at the Treasury Management Association conference next month in San Francisco.

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