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State Street Corp STT

Market Closed
26 Jul, 20:00
NYSE NYSE
$
85. 32
+0.43
+0.51%
After Hours
$
84. 37
-0.95 -1.11%
18.84B Market Cap
11.28 P/E Ratio
1.34% Div Yield
1,512,252 Volume
7.44 Eps
$ 84.89
Previous Close
Day Range
84.58 85.89
Year Range
62.78 86.24

STT Chart

State Street Corp Profile

Asset Management Industry
Financial Services Sector
Mr. Ronald Philip O'Hanley CEO
NYSE Exchange
US8574771031 ISIN
United States Country
52,568 Employees
- Last Dividend
- Last Split
9 Jul 1986 IPO Date

Overview

State Street Corporation is a premier financial institution that serves institutional investors across the globe with a comprehensive suite of financial products and services. With its foundation laid in 1792, the company has established a robust presence, especially in the domain of investment servicing, and has historically headquartered in Boston, Massachusetts. Its expansive clientele includes mutual funds, collective investment funds, UCITS, hedge funds, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. By offering a diversely integrated spectrum of financial solutions, State Street Corporation stands as a vital facilitator in the terrain of institutional investment management.

Products and Services

State Street Corporation's offerings encompass a wide array of financial products and services designed to meet the intricate needs of institutional investors worldwide. The detailed range of these offerings includes:

  • Investment Servicing: This category envelops a variety of essential services such as custody, accounting, regulatory reporting, investor relations, and performance and analytics, tailored to support the operational needs of institutional investors.
  • Middle Office Products: Features critical operational services including IBOR, transaction management, loans, cash management, derivatives and collateral management, record keeping, and client reporting and investment analytics to bolster the middle office functions of investment firms.
  • Finance Leasing: Offers solutions in finance leasing to facilitate equipment or property financing, providing a financial edge to institutional clients.
  • Foreign Exchange and Brokerage Services: Provides comprehensive foreign exchange and brokerage services, including other trading services to assist in the global investment operations of clients.
  • Securities Finance and Enhanced Custody Products: Specializes in securities finance and offers enhanced custody products to optimize securities lending and borrowing strategies.
  • Deposit and Short-term Investment Facilities: Proposes various depositary and short-term investment options to manage liquidity and yield optimization efficiently.
  • Operational Outsourcing: Delivers operational outsourcing options for investment manager and alternative investment manager operations, encompassing performance, risk, and compliance analytics, alongside financial data management.
  • Portfolio Management and Risk Analytics: Offers advanced tools for portfolio management and risk analytics, coupled with trading and post-trade settlement services integrated with compliance and managed data solutions.
  • Investment Management Strategies and Products: Covers a broad spectrum of investment strategies and products including core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies.
  • ESG Investing, Defined Benefit and Contribution, and Global Fiduciary Solutions: Provides specialized services and solutions in environmental, social, and governance (ESG) investing, defined benefit and defined contribution plans, and overall global fiduciary solutions to meet the sustainable investment goals and fiduciary responsibilities of clients.
  • Exchange-Traded Funds (ETFs): Offers a diverse range of exchange-traded funds under the SPDR ETF brand, catering to various investment preferences and strategies.

Contact Information

Address: One Congress Street
Phone: 617 786 3000