Tagged: state street corporation

March 23, 2023 @ 4:14 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) announced it has entered into a definitive agreement to acquire CF Global Trading, a global firm specializing in outsourced trading on an agency basis for a variety of asset classes including equities, listed derivatives and fixed income. The transaction is… Read More

February 7, 2023 @ 2:41 pm By Omar Faridi  |  

State Street Corporation (NYSE:STT) announced the launch of a Financial Information eXchange (FIX) application programming interface (API) for its Fund Connect ETF platform, a global online portal “for the creation and redemption of ETFs within the firm’s GlobalLink product suite.” The FIX enhancement, now available… Read More

October 14, 2022 @ 7:27 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) announced that TradeNeXus, a GlobalLink digital platform for foreign exchange transactions and an integral part of State Street’s Digital Division, has partnered with Capitolis, the technology company “reimagining” capital markets, “to launch an automated post-trade solution to optimize portfolios.” This… Read More

July 28, 2022 @ 9:41 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced its subsidiary, The Depository Trust Company (DTC), has “connected its automated ClaimConnect solution to the claims processing platform offered by financial software provider Kingfield Corporation.” The partnership… Read More

July 7, 2022 @ 6:57 pm By Omar Faridi  |  

State Street (NYSE: STT) and FactSet (NYSE: FDS) have announced a partnership integrating State Street Alpha and the complementary strengths of FactSet “to streamline data flows across the front, middle and back-office through State Street’s Alpha Data Platform.” The two companies expect the collaboration will… Read More

May 19, 2022 @ 10:54 pm By Omar Faridi  |  

Paxos, the regulated blockchain infrastructure platform, has teamed up with State Street (NYSE: STT). one of the “leading” providers of financial services to institutional investors, “to integrate State Street’s custodial services into the Paxos Settlement Service.” As part of the pilot, State Street was able “to… Read More

April 23, 2022 @ 10:51 am By Omar Faridi  |  

FundGuard, the AI-enhanced SaaS investment management and asset servicing enterprise platform, recently announced that it has finalized a $40 million Series B funding round. The investment round included investors Citi and State Street Corp, who “joined initial investors Blumberg Capital, LionBird Ventures, Team8 Capital, and… Read More

April 18, 2022 @ 5:53 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) recently announced that it has begun working with Capital Group on “servicing of the investment management firm’s first actively managed exchange traded funds (ETF) that launched in February 2022.” As part of the appointment, State Street is “providing ETF basket… Read More

March 16, 2022 @ 7:17 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) has announced that State Street Digital, the company’s dedicated digital unit, has now added three veteran digital executives to its leadership team. Katie Richards joins “as global head of operations” and Marcus Grubb as the “global head of product.” Both… Read More

December 7, 2021 @ 6:00 pm By Omar Faridi  |  

State Street Corporation (NYSE:STT), in collaboration with Vanguard and Symbiont, has announced that the companies have completed the margin calculation process “for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology.” As mentioned in the… Read More