SSGA

State Street Digital, Vanguard and Symbiont Complete First Live Trade for Foreign Exchange Forward Contracts Leveraging Revolutionary Blockchain Technology and Smart Contracts

Retrieved on: 
Monday, December 6, 2021
Banking, Other Professional Services, Professional Services, Finance, Automation, CEO, Technology, FD, Asset, NYSE, State Street Corporation, DLT, Blockchain, SSGA, Contract, State Street, State Street Global Advisors, Research, Risk, Fear, LLC, Vanguard, Privacy, STT, Cryptocurrency, State Street, Vanguard, Symbiont, STATE STREET, VANGUARD, SYMBIONT

"Our newly launched division, State Street Digital, was created to help drive innovation and address the industrys digital transformation.

Key Points: 
  • "Our newly launched division, State Street Digital, was created to help drive innovation and address the industrys digital transformation.
  • "Were excited to partner with State Street and Symbiont on the worlds first ever digital collateral-linked currency forward trade margining process.
  • Todays announcement marks a transformative time for financial services and signals the evolution of blockchain as the ideal technology solution for foreign exchange contracts.
  • With offices in New York and Amsterdam, Symbiont is led by a team of experts in capital markets and blockchain technology.

SSGA Announces U.S. Identity Preserved: An Advancement in Food Traceability

Retrieved on: 
Friday, December 3, 2021
Insurance, Safety, Industry, Transport, Attention, SSGA, Program, Knowledge, Color, Food, Farmer, IP, Medical device, Food industry, Agriculture

Identity Preserved, a designation signifying a premium crop with a verifiable origin.

Key Points: 
  • Identity Preserved, a designation signifying a premium crop with a verifiable origin.
  • This quality assurance program represents a significant advancement in food traceability for food manufacturers, processors and exporters.
  • As traceability in food production becomes increasingly preferred by consumers and manufacturers, the U.S.
  • The Specialty Soya and Grains Alliance (SSGA) is a national association of companies focused on production, processing and shipping of U.S.

Federated Hermes’ Equity Strategies Now Live on Charles River® Investment Management Solution on Microsoft® Azure

Retrieved on: 
Tuesday, November 30, 2021
Professional Services, Technology, Insurance, Finance, Software, Banking, Insurance, Federated Hermes, Software as a service, Asset, NYSE, State Street Corporation, Compliance, SSGA, Foundation, Solution, Microsoft, State, Goal, State Street, State Street Global Advisors, IMS, Research, LLC, Federated, Microsoft Azure, Azure, STT, Growth, Financial services, Federated Hermes, Inc., Charles River®, A State Street Company, State Street Corporation, FEDERATED HERMES, INC., CHARLES RIVER®, A STATE STREET COMPANY, STATE STREET CORPORATION

Charles River Development, a State Street Company, today announced Federated Hermes, Inc., a global leader in active responsible investing, is now live with more than $97 billion in equity strategies on Charles Rivers strategic cloud solution.

Key Points: 
  • Charles River Development, a State Street Company, today announced Federated Hermes, Inc., a global leader in active responsible investing, is now live with more than $97 billion in equity strategies on Charles Rivers strategic cloud solution.
  • Federated Hermes adopted the Charles River Investment Management Solution (IMS) on Microsoft Azure to modernize their operating model and support growth, utilizing the solution for portfolio management, trading, and compliance.
  • The ground-to-cloud migration is a trend we are seeing with leading global investment firms such as Federated Hermes, said Ruby Chiu, Head of Client Management, Americas, Charles River.
  • The Charles River Investment Management Solution (Charles River IMS) is designed to automate and simplify the institutional investment process across asset classes, from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout.

State Street Global Advisors and the University of California Innovate on Retirement Income Strategy with Launch to Participants

Retrieved on: 
Monday, November 29, 2021
Finance, Consulting, Other Education, Professional Services, Education, Fidelity, FDIC, Insurance, MetLife, MET, Industry, Retirement, Income, Regents of the University of California, NYSE, State Street Corporation, Partnership, ESG, QLAC, Pathway, Program, DC, Longevity, University, SSGA, State, State Street, State Street Global Advisors, UC, View, Research, Investment, Risk, Defer, LLC, ETF, Pension, University of California, MetLife Inc. v. Financial Stability Oversight Council, Solution, Index, Life, Life insurance, Financial adviser, State Street Global Advisors, the UC Retirement Savings Program, MetLife, STATE STREET GLOBAL ADVISORS, THE UC RETIREMENT SAVINGS PROGRAM, METLIFE

Deferred Lifetime Income is an innovative solution and an important step toward improving retirement security for our participants.

Key Points: 
  • Deferred Lifetime Income is an innovative solution and an important step toward improving retirement security for our participants.
  • State Street has worked in partnership with Fidelity to implement Deferred Lifetime Income as a custom solution on behalf of the University of California.
  • For four decades, State Street Global Advisors has served the worlds governments, institutions and financial advisors.
  • The Deferred Lifetime Income feature is not provided by or guaranteed by State Street Global Advisors or any affiliate of State Street Global Advisors.

State Street Collateral+ Delivers New Analytics and Optimization Capabilities in Partnership with Cassini Systems

Retrieved on: 
Monday, November 22, 2021
Professional Services, Data Management, Technology, Finance, Consulting, Networks, Movement, Industry, Asset, NYSE, State Street Corporation, Partnership, SSGA, Tier 1, State, MTU, State Street, State Street Global Advisors, Research, Investment, LLC, UMR, Margin (finance), Efficiency, Multimedia, STT, Intelligence, Security (finance), State Street Corporation, Cassini Systems, STATE STREET CORPORATION, CASSINI SYSTEMS

State Street Corporation (NYSE:STT) announced today it has added market leading pre-and post-trade optimization and margin analytics capabilities to its Collateral+ service.

Key Points: 
  • State Street Corporation (NYSE:STT) announced today it has added market leading pre-and post-trade optimization and margin analytics capabilities to its Collateral+ service.
  • In partnership with Cassini Systems , the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimization, which addresses collateral efficiency from multiple angles.
  • Collateral+ can also offer margin optimization as a post-trade utility with tools such as novation and compression to lower margin and funding requirements.
  • Our work with Cassini to develop Collateral+ to provide the intelligence and pre-trade knowledge to the desk is enabling State Street to deliver on this, said Sam Edwards, head of Collateral+ in APAC for State Street.

State Street Hires Veteran-Owned Firms to Underwrite 2027 Senior Notes Offering

Retrieved on: 
Friday, November 19, 2021
Banking, Professional Services, Insurance, Finance, CEO, Industry, Morgan Stanley, NYSE, State Street Corporation, Asset, Partnership, SSGA, Veteran, State, State Street, State Street Global Advisors, Citigroup, Research, LLC, BofA Securities, Diversity, Inclusion, Deutsche Bank, STT, Security (finance)

In this transaction, State Street issued fixed-to-floating rate senior notes at a coupon of 1.684 percent.

Key Points: 
  • In this transaction, State Street issued fixed-to-floating rate senior notes at a coupon of 1.684 percent.
  • State Street hired three veteran-owned firms to distribute the notes to investors, which priced on November 15.
  • State Street is proud that more than 25 percent of the notes were underwritten by veteran-owned firms.
  • These firms played a valuable role in helping State Street achieve its tightest spread on a senior bond issue to date.

State Street Alpha℠ Announces Strategic Partnership with RIMES to Enhance Index and Benchmark Services

Retrieved on: 
Thursday, November 18, 2021
Professional Services, Data Management, Technology, Finance, Consulting, Networks, Benchmark, CEO, Industry, Asset, NYSE, State Street Corporation, Partnership, SSGA, State Street, State Street Global Advisors, Research, LLC, AUM, Index, BDS, Ecosystem, STT, Financial services, Financial adviser, State Street Corporation, RIMES, STATE STREET CORPORATION, RIMES

State Street Corporation (NYSE:STT) today announced a strategic partnership with RIMES, the global data partner for asset managers, asset owners, and service providers, to enhance State Street Alpha.

Key Points: 
  • State Street Corporation (NYSE:STT) today announced a strategic partnership with RIMES, the global data partner for asset managers, asset owners, and service providers, to enhance State Street Alpha.
  • Through this partnership, State Street Alpha clients will benefit from RIMES deep expertise and experience with the global index provider marketplace leveraging its market-leading operational capabilities and infrastructure.
  • The management of comprehensive index and benchmark data at scale is vital to our clients and through this partnership with RIMES, State Street Alpha will now deliver the foremost benchmark and index service, said John Plansky, head of State Street Alpha.
  • We are delighted to partner with State Street to ensure that its clients have access to the best possible benchmark and index data, delivered through State Street Alpha.

State Street Announces Partnerships with MIT’s Antionette Schoar, Harvard’s Robin Greenwood to Advance Cryptocurrency and Macroeconomic Research Initiatives

Retrieved on: 
Wednesday, November 17, 2021
Professional Services, Finance, Research, Associate, Federal Reserve Bank, MIT, University of Cologne, Simeon, National Bureau of Economic Research, Industry, Time, Mathematics, Anne, NYSE, State Street Corporation, Finance, Cologne Institute for Economic Research, Asset, Economics, National Bureau of Asian Research, Blockchain, SSGA, University, Behavioral economics, Faculty, Entrepreneurship, State, State Street, MIT Sloan School of Management, State Street Global Advisors, Psychology, SSA, LLC, Federal Reserve Bank of New York, Digital, Harvard University, Chicago (franchise), Harvard Business School, Business economics, Fisher Investments, Doctor of Philosophy, Social Problems, STT, Antoinette Schoar, Cryptocurrency, Management

Professor Schoar has emerged as a thought leader whose rigorous research is trusted by academics and professional investors alike, said Will Kinlaw, head of Research for State Streets Global Markets arm, which includes State Street Associates.

Key Points: 
  • Professor Schoar has emerged as a thought leader whose rigorous research is trusted by academics and professional investors alike, said Will Kinlaw, head of Research for State Streets Global Markets arm, which includes State Street Associates.
  • Launched in June of this year, State Street Digital was created to address the industrys evolving shift to digital finance.
  • Schoar is scheduled to speak at State Street Live on November 17 with a replay available afterwards on the firms research platform, State Street Insights .
  • State Street has a track record of engagement with the academic community to advance research into real-world challenges, added Robin Greenwood.

Cohen & Steers Appoints Jeffrey Palma as Head of Multi-Asset Solutions

Retrieved on: 
Tuesday, November 16, 2021
Securities Exchange Act of 1934, Senior, Income, UBS, Tactical asset allocation, Research, Securities Act of 1933, Public Investment Corporation, GE, CNS, Real assets, Company, Environment, Outsourced, NYSE, State Street Global Advisors, Review, SSGA, Financial services

NEW YORK, Nov. 16, 2021 /PRNewswire/ --Cohen & Steers, Inc. (NYSE: CNS) has named Jeffrey Palma to the role of Senior Vice President, Head of Multi-Asset Solutions.

Key Points: 
  • NEW YORK, Nov. 16, 2021 /PRNewswire/ --Cohen & Steers, Inc. (NYSE: CNS) has named Jeffrey Palma to the role of Senior Vice President, Head of Multi-Asset Solutions.
  • Mr. Palma joins Cohen & Steers with 25 years of investment experience.
  • Before joining GE in 2012, he was most recently the Head of Global Equity Strategy at UBS Investment Bank.
  • The Multi-Asset Solutions team, led by Mr. Palma, will include teams led by Vince Childers, Head of Real Assets Multi-Strategy, Doug Bond, Head of Closed-End Funds, and John Muth, Macro Strategist.

State Street Global Advisors Introduces I&D Focused Share Class within Cash Management Suite

Retrieved on: 
Monday, November 15, 2021
Finance, Banking, Foundation, Professional Services, Philanthropy, Funding, ETF, Population, State Street Global Advisors, Fund, Inequality, I&D, Racism, Education, Prospectus, Organization, State, State Street Bank and Trust Company, Opportunity class, Federal Deposit Insurance Corporation, D, FINRA, Research, State Street Corporation, Workforce, LLC, Opportunity, Index, ESG, Social justice, State Street, NYSE, Communication, Trust, Risk, SIPC, SSGA, Security (finance), Financial adviser, Risk management, Insurance

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of a new money market fund share class, the Opportunity Class, which will benefit philanthropic organizations whose values align with State Streets commitment to racial equity and social justice .

Key Points: 
  • State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of a new money market fund share class, the Opportunity Class, which will benefit philanthropic organizations whose values align with State Streets commitment to racial equity and social justice .
  • Leveraging the grantmaking guidelines and methodology of State Street Foundation, State Streets charitable arm, State Street Global Advisors identifies recipient philanthropic organizations to support.
  • The State Street money market funds that offer the Opportunity Class shares are as follows:
    For four decades, State Street Global Advisors has served the worlds governments, institutions and financial advisors.
  • Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation.