State Street Corporation - News, Articles & Research

Pimco, Man Group and State Street join forces with tech vendors to build new AM operating model

Pimco, Man Group, IHS Markit, State Street, Microsoft and McKinsey have joined forces to create a new technology company for the asset management industry.

07 January 2021

Company announcement/cloud

State Street launches cloud-native Alpha data platform

State Street Corporation (NYSE:STT) today launched its State Street AlphaSM Data Platform, an end-to-end data management and warehouse solution for institutional investment and wealth managers.

15 December 2020

Company announcement

State Street and SimCorp form business partnership

State Street Corporation (NYSE: STT) and investment management solutions and service provider, SimCorp (OMXC25: SIM), today announced their intent to form a business partnership to provide a premier, fully integrated, front-to-back investment outsourcing solution for insurance firms in Europe, Middle East and Africa (EMEA).

12 October 2020

News/markets

Citi, JPMorgan and State Street invest in Capitolis

Citi, JPMorgan and State Street have invested in capital markets software house Capitolis.

10 September 2020

Company announcement/wholesale

State Street's BestX launches TCA for equities

BestX, State Street’s foreign exchange and fixed income best execution analytics platform, announced today that it has expanded its award-winning execution analytics software and launched a post-trade transaction cost analysis (“TCA”) module for equity markets.

29 July 2020

Company announcement/wealth

State Street partners with iCapital Network

State Street Corporation (NYSE: STT) today announced it has entered into a new partnership with iCapital Network[1], the financial technology platform setting the industry standard for delivering access and efficiency in alternative investing.

23 January 2020

News/sustainable

Betting on AI to reduce risk in sustainable investment

The quest toward improving corporate sustainability is mired by uncertainty: uncertainty of emissions volume, extreme weather events, timing of such events, and inevitably, the toll they may take on investment. This uncertainty is regarded by investors as risk.

22 January 2020

News/markets

Deutsche Bourse and Euronext eyed as potential Currenex suitors

State Street may be looking for a buyer for its multi-bank FX platform Currenex, with Deutsche Bourse and Euronext both in the frame as potential suitors.

20 January 2020

News

State Street and Gemini combine on digital asset reporting

State Street is conducting a trial on measures to enable investors to consolidate reporting of digital assets held in custody by cryptoexchange Gemini, alongside traditional holdings serviced by the Boston-based bank.

17 December 2019

News/sustainable

How does the EBA intend on tackling ESG in 2020 and beyond?

The European Banking Authority will push for early action on sustainable finance, according to its Action Plan released this week.

11 December 2019

News/sustainable

Standardised data reporting is the lynchpin for future of sustainable finance

In a recent survey by State Street Global Advisors, 52% of European investors cited regulation as the key driver toward ESG adoption. Yet, despite attempts to introduce regulatory requirements, a lack of standardisation in reporting obligations is proving a significant challenge towards achieving meaningful progress.

26 November 2019

Company announcement

Major buy-side and sell-side firms call for regulatory action to make clearing houses safer

BlackRock, Goldman Sachs, JPMorgan Chase & Co., Allianz, Citi, Societe Generale, State Street, T. Rowe Price, and Vanguard, today, in a joint paper, presented detailed recommendations from both buy-side and sell-side perspectives to further enhance the safety and soundness of central counterparties (CCPs), also known as clearing houses.

25 October 2019