Connecticut Treasurer Shawn T. Wooden, sole fiduciary of the $43 billion Connecticut Retirement Plans & Trust Funds, Hartford, selected State Street Bank & Trust to provide master custodian services and accounting administration for the CRPTF and the internally managed funds.
State Street will also serve as an investor account administrator for the state's $12.5 billion Short-Term Investment Fund.
Mr. Wooden's office issued an RFP in December.
BNY Mellon was the incumbent and the other finalist considered.
