State Street Corporation - News, Articles & Research

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

Company announcement/markets

State Street, Vanguard and Symbiont complete live trade for FX forward contracts using blockchain

State Street Corporation (NYSE:STT), in collaboration with Vanguard and Symbiont, announced today that the firms have jointly completed the margin calculation process for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology .

06 December 2021

News/crypto

State Street expands crypto offering with Lukka

State Street has signed up with crypto enterprise Lukka to provide clients with middle and back office capabilities for digital asset fund administration.

30 July 2021

Company announcement/cloud

State Street turns to cloud-based machine learning tech

State Street Corporation today announced it will implement a cloud-based, machine learning technology to transform private markets processing and document management.

22 June 2021

News/crypto

State Street wades into crypto space with new digital division

State Street is embracing the shift to decentralised finance with the creation of a new division specifically to engage with digital assets, including cryptocurrencies.

11 June 2021

Company announcement/crypto

State Street ships indicator to track bitcoin media sentiment

State Street Corporation (NYSE:STT) today announced the launch of a new Bitcoin Thematic Indicator series to help contextualize the rising popularity of Bitcoin and how it is impacting more traditional financial markets.

06 May 2021

News/people

State Street appoints global chief architect

State Street has appointed Aman Thind as global chief architect as the company seeks to to extend its influence in the digital asset space.

28 April 2021

News/startups

Covid-19 has driven digital transformation, not the C-suite

During a panel for UK Fintech Week 2021, Jess Bartos, investment manager, Albion VC, quipped that the joke going around the tech community at the beginning of the pandemic was “who has been driving digital transformation in your enterprise, the CEO, the CIO, the CTO or C19?”

21 April 2021

Company announcement/crypto

State Street's Currenex to provide trading architecture for Pure Digital platform

Puremarkets Limited (“Puremarkets” branded as Pure Digital), a company where Arcane Crypto AB (“Arcane”) holds 37.5% through Arcane Crypto AS, today publicly announced that State Street’s Currenex (“Currenex”) have entered into an agreement to provide the trading infrastructure to the Pure Digital platform.

08 April 2021

Company announcement/markets

State Street appoints LAB Group to automate investor onboarding

State Street Corporation (NYSE: STT) today announced the appointment of Australia’s LAB Group to introduce electronic investor onboarding capabilities for its fund manager clients in Australia, using LAB Group’s platform.

30 March 2021

Company announcement/markets

State Street launches P2P repo financing marketplace for buy side

State Street Corporation (NYSE:STT) today announced the release of a new Peer-to-Peer Repo program for the buy side. Building from its market-leading position in sponsored repo and securities lending, including peer-to-peer opportunities within its agency lending program, Peer-to-Peer Repo enables competitive financing costs across a broader range of collateral types and yield enhancement opportunities compared to traditional repo markets.

04 March 2021