State Street Corporation (NYSE: STT) announced today new research, which reveals that more than half (60%) of institutional investors surveyed plan to partly or fully outsource their data management over the next three years. Currently, 52% conduct all of their data management functions in house, however, by 2021, this is expected to fall to 36%…
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State Street Corporation (NYSE: STT) announced today FX Connect, its FX execution venue, will partner with trade technology software provider BestX in order to offer transaction cost analysis (TCA) solutions globally. With a continued emphasis on best execution driven by regulation, market participants are increasingly looking for holistic solutions to be compliant,” said David Newns,…
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Jay Hooley to Retire as CEO by End of 2018; Vice-Chairman Ron O’Hanley to Succeed Hooley as CEO and is Appointed President & COO State Street Corporation (NYSE: STT) today announced that Jay Hooley will retire as CEO by the end of 2018 after more than 30 years with the company and will remain as…
Read moreState Street Corporation (NYSE: STT) today launched the latest findings from its Brexometer Index, a quarterly pulse survey of institutional investor sentiment about the United Kingdom’s departure from the European Union. The Q4 2017 survey indicates a slight decrease in confidence, with 40 percent of respondents expecting positive global economic growth in the near-medium term…
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State Street Corporation (NYSE: STT) announced that James Reilly has joined State Street as global head of Currenex, a technology provider offering the FX community high-performance technology and access to deep pools of liquidity for anonymous and disclosed trade execution. Reilly will focus on expanding the business and creating new partnerships. Additionally, Stephen Dispenza has…
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