State Street Global Advisors said Tuesday that it has selected SunGard Asset Management Systems Inc.'s multicurrency trust accounting system to support its global ambitions in trust and investment management.

The unit of Boston-based State Street Corp. plans to use the system in its dealings with wealthy individuals worldwide. Ultimately, it may also use Global Plus to handle institutional accounts.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.