State Street Corporation

108 results about this entity

Period: 12 Oct 2004 - 06 Mar 2025

State Street pools apps into GX Invesment Labs

State Street Corporation (STT) announced today that it has launched GX Investment Labs, a suite of interactive applications that can be used by clients to inform their investment process.

DTCC and banks form client data and documentation utility

The Depository Trust & Clearing Corporation (DTCC) has teamed up with six Wall Street banks to launch Clarient Entity Hub, a client data and documentation utility.

Bank of Ireland and State Street join Irish fintech accelerator

Irish innovation outfit NDRC has partnered with Bank of Ireland, Enterprise Ireland, Mediolanum and State Street to establish a 'pre-accelerator' programme for financial services startups at the very earliest stages of their development.

Fintech start-ups get chance to wow Wall Street

Financial technology start-ups have been showing off their wares to top executives from Wall Street at the third annual FinTech Innovation Lab 'Demo Day' in New York.

Tradition launches spot FX trading platform

Tradition has launched ParFX, a spot forex trading platform with the backing of 11 major banks, including Barclays and UBS.

State Street takes 850 IT staff off the payroll

State Street is to sack 530 IT staff and transfer 320 other tech personnel to IBM and Wipro under an enterprise-wide technology modernisation programme.

State Street implements private cloud

State Street is rolling out a private cloud environment to provide clients with access to data and analysis in real time.

State Street to expand Chinese software and support base

State Street is relocating its 1000-strong Chinese technology and back office support unit to bigger offices capable of housing an additional 1000 workers.

State Street looks for savings from job cuts and cloud computing

US custodian State Street is to cut 1400 jobs, close offices and invest in new technologies as it looks to shave up to $625 million from its operating costs by 2014.

State Street to acquire Mourant fund admin business

State Street is expanding its global fund administration and alternative servicing capabilities with an agreement to acquire Jersey-based Mourant International Finance Administration (MIFA) in a cash transaction. Terms of the deal, which is expected to close in Q1 2010, were not disclosed.

Legacy clearing threat to OTC derivatives warns State Street

Rising volumes of over-the-counter derivatives trades are threatening to swamp legacy clearing and settlement systems, warns State Street in a report that calls for a co-ordinated industry-wide effort to develop a new post-trade servicing regime for the industry.

Black Thursday for financial markets as job losses mount

Financial markets have been rocked by a further series of massive job reductions at top firms, including Credit Suisse, Nomura, Commerzbank/Dresdner Kleinwort, State Street, and Jefferies.