State Street Corporation - News, Articles & Research

State Street selects Taurus to grow digital assets business

State Street is to add tokenization and digital custody services to its digital assets business through a deal with infrastructure provider Taurus.

20 August 2024

Company announcement/retail

PensionBee goes live in the US

PensionBee Group plc (the ‘Company’), a leading online pension provider, today announces the launch of its business in the United States (‘US’), the world’s largest Defined Contribution pension market, representing approximately 80% of the global total and $22.5 trillion in assets.

18 July 2024

Company announcement/markets

BofA and State Street back Cboe Clear's CCP for SFT

Cboe Clear Europe, Cboe’s Amsterdam-based pan-European clearing house, today announced that it has secured the support of additional participants to support the launch of its Central Counterparty (CCP) clearing service for securities financing transactions (SFTs).

04 April 2024

Company announcement/wealth

State Street expands its ETF portal

State Street Corporation today announced the expansion of its Fund Connect ETF portal via upgrades to its Application Programming Interface (API), now offering coverage to all clients globally including Europe and the APAC region. Fund Connect ETF APIs have been available in the U.S. and Canada for years and account for nearly half of North American order volumes.

09 February 2024

Company announcement/markets

State Street acquires CF Global Trading

State Street Corporation (NYSE: STT) announced today it has entered into a definitive agreement to acquire CF Global Trading, a global firm specializing in outsourced trading on an agency basis for a variety of asset classes including equities, listed derivatives and fixed income.

22 March 2023

Company announcement/markets

State Street launches FIX API connectivity to simplify ETF creation

State Street Corporation (NYSE:STT) announced today the launch of a Financial Information eXchange (FIX) application programming interface (API) for its Fund Connect ETF platform, a global online portal for the creation and redemption of ETFs within the firm’s GlobalLink product suite.

07 February 2023

Company announcement/markets

State Street's TradeNeXus platform partners Capitolis on integrated portfolio optimisation

State Street Corporation (NYSE: STT) announced today that TradeNeXus, a GlobalLink digital platform for foreign exchange transactions and an integral part of State Street’s Digital Division, has partnered with Capitolis, the technology company reimagining capital markets, to launch an automated post-trade solution to optimize portfolios.

13 October 2022

News/wholesale

Caceis recruits Taurus for digital custody offering

France-based Caceis is the latest asset servicing firm to announce plans to develop its custody service for digital assets.

27 June 2022

News/cloud

Citi and State Street invest in FundGuard

Citi and State Street have joined a $40 million Series B funding round for AI-powered SaaS investment management and asset servicing enterprise platform FundGuard.

21 April 2022

Company announcement/people

State Street Digital expands leadership team

State Street Corporation (NYSE: STT) today announced that State Street Digital, the firm’s dedicated digital division, has added three veteran digital executives to its leadership team.

15 March 2022

News/crypto

State Street to enter digital custody business with Copper.co

State Street, one of the world's largest custodians, is to enter the digital asset safekeeping business using technology from London startup Copper.co.

10 March 2022

News/markets

Wall Street firms back DLT-based system for alternative assets

Wall Street players including BlackRock, Morgan Stanley and State Street are backing a new consortium led by iCapital that will build a distributed ledger-based system for alternative assets.

23 February 2022