SSGA

State Street Announces Appointment by my529 to Provide Range of Investment Servicing Solutions

Retrieved on: 
Wednesday, September 1, 2021
Professional Services, Finance, LLC, NAV, State Street Global Advisors, State Street Corporation, SSGA, Efficiency, Research, Asset, State Street, NYSE, STT, Solution, State, Technology, Financial adviser

State Street Corporation (NYSE:STT) today announced that it has been appointed by my529 to provide a variety of investment servicing solutions to help streamline my529s investment operations.

Key Points: 
  • State Street Corporation (NYSE:STT) today announced that it has been appointed by my529 to provide a variety of investment servicing solutions to help streamline my529s investment operations.
  • We are very pleased to announce this appointment with my529, said Chris Coleman, head of Global Client Coverage at State Street.
  • As part of the announced servicing agreement, State Street will provide my529 with accounting, daily NAV calculations, performance reporting, daily cash settlements as well as dynamic cash allocations, trading, and rebalancing services.
  • State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading.

State Street Announces that Collateral+ is Now Connected to DTCC’s Margin Transit Utility (MTU)

Retrieved on: 
Tuesday, August 24, 2021
Banking, Professional Services, Finance, LLC, State Street Global Advisors, State Street Corporation, SSGA, Research, Asset, Automation, State Street, Investment, NYSE, MTU, Overalls, STT, Risk, OTC, UMR, State, Security (finance)

State Street Corporation (NYSE:STT) today announced that its Collateral + business is operational with DTCCs Margin Transit Utility (MTU), which has been designed for simplifying the transfer of collateral among market participants.

Key Points: 
  • State Street Corporation (NYSE:STT) today announced that its Collateral + business is operational with DTCCs Margin Transit Utility (MTU), which has been designed for simplifying the transfer of collateral among market participants.
  • MTU service helps reduce operational risk by standardizing and automating the margin process from the point of agreement through to settlement.
  • It also helps eliminate the need of using faxes and emails for processing margin and settlement activity.
  • SSGA FD and State Street Global Advisors are affiliated.

State Street Announces Chief Operating Officer and Chief Financial Officer to Participate in Barclays Global Financial Services Conference

Retrieved on: 
Monday, August 23, 2021
Finance, Public Relations, Investor Relations, Banking, Communications, Professional Services, LLC, State Street Global Advisors, State Street Corporation, Investor relations, SSGA, Research, Asset, State Street, NYSE, STT, Conference, State, View, Financial services

State Street Corporation (NYSE:STT) announced today that its Chief Operating Officer, Lou Maiuri, and its Chief Financial Officer, Eric Aboaf, will participate in the Barclays Global Financial Services Conference, to be held virtually, on Monday, September 13, 2021, at 10:30 am ET.

Key Points: 
  • State Street Corporation (NYSE:STT) announced today that its Chief Operating Officer, Lou Maiuri, and its Chief Financial Officer, Eric Aboaf, will participate in the Barclays Global Financial Services Conference, to be held virtually, on Monday, September 13, 2021, at 10:30 am ET.
  • A webcast of the event will be accessible on State Streets Investor Relations home page at investors.statestreet.com .
  • State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading.
  • SSGA FD and State Street Global Advisors are affiliated.

State Street Appoints New Country Heads for Germany, Luxembourg and Switzerland

Retrieved on: 
Wednesday, August 18, 2021
Consulting, Banking, Professional Services, Finance, Industry, Credit Suisse, LLC, State Street Global Advisors, Intesa Sanpaolo, Acquisition, State Street Corporation, International, SSGA, Research, Asset, Asia-Pacific, Marketing, State Street, NYSE, Security, STT, Head, Deutsch, UBS AG, EMEA, CEO, UBS, Universal Bank, BT Global Services, Security (finance), Management, Financial services

Dagmar Kamber Borens has been appointed as the country head of Switzerland.

Key Points: 
  • Dagmar Kamber Borens has been appointed as the country head of Switzerland.
  • Most recently, Dagmar was the designated Chief Executive Officer and country head of Quintet Private Bank Switzerland AG.
  • Riccardo Lamanna, head of Alpha Business Development for EMEA and the legal entity head and board member for State Street Global Exchange GmbH, has been appointed as the country head of Luxembourg.
  • He joined State Street in 2003 to manage the Depotbank and successfully integrated Deutsche Banks Security Services business into State Street Bank International GmbH.

State Street Services Putnam Investments’ First Actively Managed, Semi-Transparent ETFs

Retrieved on: 
Wednesday, August 11, 2021
Consulting, Banking, Professional Services, Finance, SSGA, Industry, State Street, State Street Global Advisors, Ecosystem, Â, Asset, STT, State, Putnam, Putnam Investments, New, NYSE, PGRO, ETF, Research, LLC, State Street Corporation, View, PVAL, Investment, Financial adviser, Financial services, Putnam Investments, State Street Corporation, PUTNAM INVESTMENTS, STATE STREET CORPORATION

State Street Corporation (NYSE: STT) today announced that it has begun working with Putnam Investments on the servicing of the investment management firms first actively managed, semi-transparent exchange traded funds (ETF).

Key Points: 
  • State Street Corporation (NYSE: STT) today announced that it has begun working with Putnam Investments on the servicing of the investment management firms first actively managed, semi-transparent exchange traded funds (ETF).
  • Additionally, State Street remains committed to innovation, servicing close to 95% of assets for the U.S. semi-transparent active ETFs.1
    Putnam Investments recently announced the debut of its first actively managed ETFs , which are based on four of the firms leading equity strategies.
  • The new ETFs Putnam Sustainable Leaders ETF (PLDR), Putnam Sustainable Future ETF (PFUT), Putnam Focused Large Cap Growth ETF (PGRO), and Putnam Focused Large Cap Value ETF (PVAL) are listed on the New York Stock Exchange.
  • State Street remains committed to providing industry-leading service for actively-managed ETFs as it continues to be a significant and rapidly-growing portion of the ETF market, said Frank Koudelka, Global ETF Product Specialist at State Street.