STT

State Street Names Elizabeth Lynn to Global Head of Investor Relations

Retrieved on: 
Thursday, May 2, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, University, State Street Corporation, Equity, STT, Investment banking, State, Business, Morgan Stanley Wealth Management, State Street, Research fellow

State Street Corporation (NYSE: STT) today announced the appointment of Elizabeth (Liz) Lynn to executive vice president and global head of Investor Relations.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced the appointment of Elizabeth (Liz) Lynn to executive vice president and global head of Investor Relations.
  • Lynn will report to Eric Aboaf, vice chairman and chief financial officer for State Street Corporation.
  • Prior to this role she spent several years as Citi’s Global Head of Investor Relations after having joined the Investor Relations team in 2013.
  • “I’m excited to join State Street during this pivotal time for the financial industry,” said Lynn.

State Street to Participate in Bernstein’s 40th Annual Strategic Decisions Conference

Retrieved on: 
Tuesday, April 30, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, State Street Corporation, STT, Conference, State

State Street Corporation (NYSE: STT) announced today that its Chairman and Chief Executive Officer, Ron O’Hanley, and Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in Bernstein’s 40th Annual Strategic Decisions Conference in New York, NY on Friday, May 31, 2024, at 9:00 am ET.

Key Points: 
  • State Street Corporation (NYSE: STT) announced today that its Chairman and Chief Executive Officer, Ron O’Hanley, and Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in Bernstein’s 40th Annual Strategic Decisions Conference in New York, NY on Friday, May 31, 2024, at 9:00 am ET.
  • An audio webcast of the event will be accessible on the home page of State Street’s Investor Relations website, https://investors.statestreet.com .
  • A recorded replay will be available on the Investor Relations website later that day, for approximately ninety days following the presentation.

State Street Private Markets Survey Finds Macro Challenges Not Dampening Demand; Public To Private Shift Set To Grow Further

Retrieved on: 
Monday, April 29, 2024
Finance, Professional Services, Technology, Asset Management, Artificial Intelligence, Rotation, State Street Corporation, STT, Risk, Market, AI, Machine learning, Insurance, Risk management, Legislation, State Street, Credit, Security (finance)

The survey reveals that the rotation from public to private assets within portfolio allocations will grow further in the coming years.

Key Points: 
  • The survey reveals that the rotation from public to private assets within portfolio allocations will grow further in the coming years.
  • Over half of institutions (59%) have already allocated 30% or more to private markets, and this is expected to grow to 71% by 2028.
  • Investors intend to decrease allocation in public markets to meet increased demand for private exposure.
  • “The great rotation from public to private markets is not slowing down, with investors set to allocate more to private assets than ever before,” said Donna Milrod, executive vice president and chief product officer at State Street.

State Street Corporation (NYSE: STT) Reports First-Quarter 2024 Financial Results

Retrieved on: 
Friday, April 12, 2024
Banking, Asset Management, Professional Services, Finance, State Street Corporation, STT, Telephone, Conference, News, State, Consumer electronics

State Street Corporation (NYSE: STT) reported its first-quarter 2024 financial results today.

Key Points: 
  • State Street Corporation (NYSE: STT) reported its first-quarter 2024 financial results today.
  • The news release, presentation, and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com .
  • A conference call to discuss the firm’s financial results, outlook and related matters will be held at 10:00 a.m.
  • The conference call will be accessible via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com , and by telephone at (+1) 888 886 7786 (Conference ID# 14320217).

State Street Earns MLT’s Hispanic Equity at Work Bronze Certification and Black Equity at Work Bronze Recertification

Retrieved on: 
Wednesday, April 10, 2024
Professional Services, DEI (Diversity, Equity and Inclusion), Finance, DEI, Address, State Street Corporation, STT, MLT, State, Work, Inequality, Partnership, Workplace, Certification, State Street, Racism, Security (finance)

State Street Corporation (NYSE: STT) today announced that it has earned both the Hispanic Equity at Work Bronze Certification and the renewal of its Black Equity at Work Bronze Certification, two recognitions issued by Management Leadership of Tomorrow (MLT).

Key Points: 
  • State Street Corporation (NYSE: STT) today announced that it has earned both the Hispanic Equity at Work Bronze Certification and the renewal of its Black Equity at Work Bronze Certification, two recognitions issued by Management Leadership of Tomorrow (MLT).
  • “State Street’s steadfast commitment to breaking down systemic barriers for Black and Hispanic professionals is truly exemplary,” said John Rice, CEO & Founder of MLT.
  • By becoming Hispanic Equity at Work certified, State Street is setting the standard for racial equity within our country’s leading financial institutions.”
    Last year, State Street became the first Global Systemically Important Financial Institution (GSIFI) to earn the MLT Black Equity at Work Bronze Certification , and the firm has now been recognized with recertification of this achievement.
  • With today’s announcement, State Street also becomes the first GSIFI to earn the MLT Hispanic Equity at Work Certification.

BIZCLIK MEDIA LAUNCHES APRIL EDITIONS OF TECHNOLOGY MAGAZINE AND DATA CENTRE MAGAZINE

Retrieved on: 
Wednesday, April 10, 2024
Cloud, Cognizant, STT, Investment, Tech, News, Publication, ERP, DNA, Dell Technologies, SAP, IBM

LONDON, April 10, 2024 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest editions of Technology Magazine and Data Centre Magazine. These publications are highly regarded within the Tech and Cloud sectors for their in-depth reports and interviews with prominent figures in the respective industries.

Key Points: 
  • The April editions of Technology Magazine and Data Centre Magazine include interviews with leading experts and executives from SAP and ST Telemedia Global Data Centres.
  • LONDON, April 10, 2024 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest editions of Technology Magazine and Data Centre Magazine .
  • This month's edition features an extensive lead interview with Jordan Ruting, Head of Channel Sales from SAP, about driving S/4HANA innovation.
  • You can visit Technology Magazine and Data Centre Magazine for daily news and analysis of the ever-changing technology industry.

BIZCLIK MEDIA LAUNCHES APRIL EDITIONS OF TECHNOLOGY MAGAZINE AND DATA CENTRE MAGAZINE

Retrieved on: 
Wednesday, April 10, 2024
Cloud, Cognizant, STT, Investment, Tech, News, Publication, ERP, DNA, Dell Technologies, SAP, IBM

LONDON, April 10, 2024 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest editions of Technology Magazine and Data Centre Magazine. These publications are highly regarded within the Tech and Cloud sectors for their in-depth reports and interviews with prominent figures in the respective industries.

Key Points: 
  • The April editions of Technology Magazine and Data Centre Magazine include interviews with leading experts and executives from SAP and ST Telemedia Global Data Centres.
  • LONDON, April 10, 2024 /PRNewswire/ -- BizClik, the UK's fastest-growing publishing company, has published the latest editions of Technology Magazine and Data Centre Magazine .
  • This month's edition features an extensive lead interview with Jordan Ruting, Head of Channel Sales from SAP, about driving S/4HANA innovation.
  • You can visit Technology Magazine and Data Centre Magazine for daily news and analysis of the ever-changing technology industry.

State Street’s Research Team Announces Academic Partnership with Daniel Drezner of The Fletcher School, expanding Markets Research Capabilities in Arena of Geopolitical Risk

Retrieved on: 
Monday, April 8, 2024
Finance, Consulting, Professional Services, Public Policy, Government, Other Policy Issues, Department of the Treasury, Conference, Politics, University, The Washington Post, Data science, Tufts University, Foreign Affairs, Partnership, Risk, STT, Social media, Research, State Street Corporation, Publication, Language, Book, State Street, The Wall Street Journal, State

Mr. Drezner will partner with State Street Associates, the firm’s hub for partnerships with academics and fintech start-ups, which powers its award-winning markets research platform for foreign exchange trading, equities trading, and securities lending clients.

Key Points: 
  • Mr. Drezner will partner with State Street Associates, the firm’s hub for partnerships with academics and fintech start-ups, which powers its award-winning markets research platform for foreign exchange trading, equities trading, and securities lending clients.
  • “Our clients are increasingly contemplating the risk of ongoing and potential conflicts around the world as well as several high-stakes, national elections."
  • "I am honoured to collaborate with State Street Associates as its newest academic partner,” said Professor Drezner.
  • As part of his engagement with State Street, Professor Drezner will be a featured speaker at the 2024 Markets & Financing Research Conference.

Sterling Trading Tech Readies Broker-Dealers and Clearing Firms for May 28 T+1 Compliance

Retrieved on: 
Wednesday, March 20, 2024
Risk, STT, T+2, RIAS, Rule, T+1

As with all regulatory requirements impacting operations, affected firms must be in full compliance on the effective date.

Key Points: 
  • As with all regulatory requirements impacting operations, affected firms must be in full compliance on the effective date.
  • STT shares the Commission’s view that risk reduction, lower latency, and increased efficiency can only benefit investors and markets.
  • Said David Weiss, CTO, at STT: “Our team has conducted a thorough analysis and assessed all potential impacts for T+1.
  • STT has taken proactive measures to implement the requirements for reporting, and we encourage all firms to communicate with their clearing firms to ensure compliance on their end.

Sterling Trading Tech Brings Proprietary OMS and Risk Models to Asia

Retrieved on: 
Tuesday, March 12, 2024
Risk, STT, Regulatory technology, OMS, Traction, API

Chicago, March 12, 2024 (GLOBE NEWSWIRE) -- Sterling Trading Tech (STT), a leading global provider of technology in order management, risk and margin, and trading, today announced a 2024 expansion into Asia.

Key Points: 
  • Chicago, March 12, 2024 (GLOBE NEWSWIRE) -- Sterling Trading Tech (STT), a leading global provider of technology in order management, risk and margin, and trading, today announced a 2024 expansion into Asia.
  • The move is in response to the Asia markets and client demand for more advanced OMS and Risk solutions than are currently available in local markets.
  • STT’s OMS offers real-time balances and positions, advanced margin methodologies, customizable risk controls, broad reporting capabilities, and API connectivity, enabling seamless trading.
  • Said Jennifer Nayar, STT CEO: “The perception in many markets is that OMS and Risk offerings are commoditized.