STT

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

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

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

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.

State Street Corporation Announces Time Change for its First-Quarter 2024 Financial Conference Call Webcast

Retrieved on: 
Tuesday, April 2, 2024

State Street Corporation (NYSE: STT) today announced a change to the timing of the previously announced first-quarter 2024 webcast and teleconference due to a scheduling conflict.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced a change to the timing of the previously announced first-quarter 2024 webcast and teleconference due to a scheduling conflict.
  • As previously announced, financial results will be announced on Friday, April 12, 2024 at approximately 7:30 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).
  • Following the call, a replay will be available via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com , or by telephone, which will be available for approximately one month, at (+1) 877-674-7070 (Conference ID: 14320217, Playback Passcode: 320217 #).

Go!Foton Debuts Expanding Line of Innovative OSP Terminals At OFC 2024

Retrieved on: 
Tuesday, March 26, 2024

Go!Foton will showcase its expanded range of innovative OSP terminals at the Optical Fiber Communications Conference and Exposition (OFC) 2024, being held at the San Diego Convention Center from March 25-28.

Key Points: 
  • Go!Foton will showcase its expanded range of innovative OSP terminals at the Optical Fiber Communications Conference and Exposition (OFC) 2024, being held at the San Diego Convention Center from March 25-28.
  • This robust drop terminal is adaptable to numerous OSP scenarios and can be equipped with PLC splitters or cascaded tap/splitters, accommodating a wide range of PON architectures.
  • Rounding out Go!Foton’s OFC trifecta is the Microtube M-CHT, a novel technology concept that expands on the company’s award-winning Midspan Clamshell Hardened Terminal (M-CHT).
  • Discover Go!Foton's transformative OSP terminal solutions at OFC 2024, booth #2813, and find out how they are setting new standards in networking flexibility and efficiency.

State Street Officially Opens its New Kilkenny Office

Retrieved on: 
Monday, March 25, 2024

State Street Corporation (NYSE: STT) one of the world's leading providers of financial services to institutional investors, today marked the official opening of its new office building in Kilkenny.

Key Points: 
  • State Street Corporation (NYSE: STT) one of the world's leading providers of financial services to institutional investors, today marked the official opening of its new office building in Kilkenny.
  • State Street established its Irish operations in 1996 and has grown to become one of the largest international financial services employers in Ireland.
  • With a presence in Kilkenny for over 20 years, State Street was the first company in the International Financial Services Centre (IFSC), to establish a regional base outside of Dublin.
  • “Our new office and global cybersecurity centre reflects State Street’s commitment to Ireland and our confidence in the South-East region's exceptional talent pool” said Ron O ’Hanley, chairman and chief executive officer of State Street.

State Street Appointed to Provide Investment Services to AZ Quest, Further Expanding Presence in Latin America

Retrieved on: 
Wednesday, March 20, 2024

State Street Corporation (NYSE: STT) today announced that it has been selected to provide fund accounting, fund administration and investor servicing for AZ Quest, an asset manager based in Sao Paulo, Brazil.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced that it has been selected to provide fund accounting, fund administration and investor servicing for AZ Quest, an asset manager based in Sao Paulo, Brazil.
  • State Street will provide this range of services to the AZ Quest Fund SPC and its segregated portfolios.
  • “We are pleased to announce this relationship with AZ Quest, as we continue to expand our capabilities across the region, furthering our goal of supporting leading institutional clients throughout Latin America,” said Marcia Rothschild, State Street head of Latin America.
  • "We look forward to working with AZ Quest to help generate and sustain growth to meet their investment objectives.”
    Today’s announcement strengthens State Street’s continued growth in Latin America.

State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt

Retrieved on: 
Monday, March 18, 2024

State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued an aggregate principal amount of $1 billion of senior debt.

Key Points: 
  • State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued an aggregate principal amount of $1 billion of senior debt.
  • “We are once again pleased to partner with a diverse group of firms on our debt offerings, and proud to announce the successful execution of this latest transaction,” said Kimberly DeTrask, executive vice president and treasurer for State Street.
  • “Blaylock Van is thrilled to have participated as one of four joint book runners in State Street’s $1 billion, 3-year fixed rate senior notes offering.
  • We are honored to be partners with State Street in this transformative journey,” said Founder and Chief Executive Officer of Blaylock Van, LLC, Eric Standifer.

State Street Corporation Announces Time Change for its First-Quarter 2024 Financial Results and Conference Call Webcast

Retrieved on: 
Friday, March 15, 2024

State Street Corporation (NYSE: STT) today announced changes to the timing of the previously announced release of its first-quarter 2024 financial results and the associated webcast and teleconference, in order to minimize conflicts with other industry earnings announcements.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced changes to the timing of the previously announced release of its first-quarter 2024 financial results and the associated webcast and teleconference, in order to minimize conflicts with other industry earnings announcements.
  • Financial results will now be announced on Friday, April 12, 2024 at approximately 7:30 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).
  • Materials will be available on State Street’s Investor Relations website prior to the call.

STT GDC India Earns Frost & Sullivan's 2023 Indian Company of the Year Award for Its Cutting-edge Innovation and Ethical and Eco-responsible Business Practices

Retrieved on: 
Friday, March 29, 2024

MUMBAI, India, March 29, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the data center colocation services industry and, based on its findings, recognizes STT GDC India with the 2023 Indian Company of the Year Award. STT GDC India is a pioneer data center solutions provider that delivers cutting-edge solutions and services, with a strong emphasis on environmental sustainability and technological innovation.

Key Points: 
  • ST Telemedia Global Data Centers India (STT GDC India) provides cost-effective, best-in-class solutions with state-of-the-art technology and sustainable practices.
  • MUMBAI, India, March 29, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the data center colocation services industry and, based on its findings, recognizes STT GDC India with the 2023 Indian Company of the Year Award.
  • STT GDC India stands out through its commitment to establishing long-term, sustainable business practices, with a strong focus on building and operating environmentally sustainable data centers.
  • "STT GDC India is honored to receive Frost & Sullivan's 2023 Indian Company of the Year Award, recognizing our commitment to innovation and sustainability in the data center industry.