State Street Corporation

102 results about this entity

Period: 12 Oct 2004 - 04 Apr 2024

State Street to acquire Charles River Development

State Street is to acquire Charles River Development in an all cash transaction valued at $2.6 billion.

Bloomberg curates Twitter feed for algo traders; State Street reads the news

Bloomberg is launching a real-time feed of curated Twitter data, sifting through the deluge of social media sentiment to pick out the most useful content for its algorithmic trading clients.

Former State Street EVP convicted over scheme to defraud insitutional investors

A former executive vice president of State Street Bank & Trust was convicted today by a federal jury in Boston in connection with engaging in a scheme to defraud at least six of the bank’s clients through secret commissions applied to billions of dollars of securities trades.

More than half of institutional investors plans to outsource data management by 2021

State Street Corporation (NYSE: STT) announced today new research[1], which reveals that more than half (60 percent) of institutional investors surveyed plan to partly or fully outsource their data management over the next three years.

State Street takes TCA global with BestX

State Street Corporation (NYSE: STT) announced today FX Connect, its market-leading FX execution venue, will partner with trade technology software provider BestX in order to offer transaction cost analysis (TCA) solutions globally.

State Street takes stake in PensionBee

The world's third largest asset manager, State Street Global Advisors (SSGA), has taken a strategic minority stake in UK fintech startup and online pension manager PensionBee.

State Street unveils ESG investing analytics tool

State Street (NYSE:STT) today announced it has enhanced its portfolio of environmental, social and governance (ESG) offerings with the launch of ESGXSM, a new analytics tool designed to provide information to help clients bring transparency and standardization to their ESG investing.

New DLT consortium forms for syndicated lending market

A consortium of fintechs and banks has developed a distributed ledger technology (DLT) platform for the syndicated lending market.

State Street joins FXSpotStream

FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that State Street has joined the Service as a liquidity providing bank to FXSpotStream’s price aggregation service.

State Street combines machine learning with human insight to tackle research overload

Investment professionals today are inundated with research reports from the sell side, the buy side and academia.

State Street launches growth readiness indicator

As part of the publication of its latest study, A New Climate for Growth: Cultivating Asset Intelligence to Thrive1, State Street Corporation (NYSE: STT) today announced the launch of a new Growth Readiness benchmarking tool that enables users to measure their preparedness for future growth against their peers.

State Street joins Luxembourg House of Fintech

The Luxembourg House of Financial Technology Foundation (LHoFT) and State Street Corporation (NYSE: STT) announced today a collaboration to address FundTech and RegTech challenges and opportunities.

SEC slaps $35 million fine on State Street for order handling deceptions

The Securities and Exchange Commission today announced that State Street has agreed to pay more than $35 million to settle charges that it fraudulently charged secret markups for transition management services and separately omitted material information about the operation of its platform for trading U.S. Treasury securities.

More major banks join UBS-led blockchain project

A UBS-led plan to develop a digital cash system based on blockchain technology has won the support of six major banks ahead of a planned launch in late 2018

Instinet completes purchase of BlackCross ATS from State Street

Instinet Holdings Incorporated (Instinet) today announced that it has completed the purchase of the BlockCross ATS, an industry leading alternative trading system (ATS), from State Street.

Asset managers failing to adapt to digital world

Less than half of global asset managers and asset owners think that they are adapting technology quickly enough to support their business growth needs, according to a survey from State Street.

State Street appoints Pagliaro as new head of Emea global exchange business

State Street Corporation (NYSE: STT) announced today the appointment of David Pagliaro to the role of head of State Street Global ExchangeSM for Europe, the Middle East & Africa (EMEA).

DST to acquire remaining interest in State Street joint venture vehicles

DST Systems, Inc. (DST), a leading global strategic advisory, technology, and operations outsourcing company, and State Street Corporation (STT), today announced definitive agreements for DST to acquire State Street's ownership interest in the Boston Financial Data Services, Inc. ("BFDS") joint venture and the International Financial Data Services Limited ("IFDS U.K.") joint venture in the UK.

Asset managers ramping up investment in complaince, data management

New global regulations and volatile market liquidity is prompting more than half (56 percent) of asset managers and asset owners to increase their technology and operational capabilities over the next year to manage financial and other data to meet regulatory compliance deadlines.

State Street takes the bull by the horns on gender diversity

State Street has placed a bronze statue of a daring young girl staring down Wall Street's iconic raging bull to celebrate International Women's Day.