State Street Corp.
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| State Street Corp | |
| Type | Public (NYSE: STT) |
|---|---|
| Founded | Boston, Massachusetts in 1792 |
| Headquarters | Boston, Massachusetts |
| Key people | Ronald Logue, CEO & Chairman Edward Resch, CFO & Exec. VP |
| Industry | Investment servicing, investment management, investment research & trading |
| Products | Financial Services |
| Revenue |  $10.9 trillion assets under custody, $1.5 trillion assets under management USD (2005) |
| Employees | 20,375 |
| Website | www.statestreet.com |
State Street Corporation (NYSE: STT), the world's leading provider of financial services to institutional investors, is a financial services company based in Boston, Massachusetts, trades on the New York Stock Exchange under the ticker symbol STT.
State Street provides a full range of products and services for portfolios of investment assets. State Street focuses its services on institutional investors and investment management. Its customers include mutual funds and other collective investment funds, corporate and public pension funds, corporations, unions and not-for-profit organizations.
State Street employs over 20,000 people in more than 25 countries, more than one third of whom work in IT. State Street's Global Link platform is used by financial institutions all over the world to transfer funds and track capital flows.
State Street Corporation has been in business since 1792 and is one of the oldest companies in the United States.
State Street Bank & Trust Co. v. Signature Financial Group, Inc. is the landmark case in which the Washington, DC Court of Appeals ruled (July 23, 1998) that a computer algorithm can be patented to the extent that it produces "a useful, concrete and tangible result".
[edit] Office locations
State Street Corporation has offices around the world, including, but not limited to, space in the following buildings:
- State Street Financial Center, Boston, MA
- One Federal Street, Boston, MA
- Lafayette Corporate Center, Boston, MA
- Two World Financial Center, New York, NY
- International Finance Centre, Hong Kong
- One Canada Square, London, UK
- State Street Financial Centre, Toronto, Canada
- 800 Pennsylvania, Kansas City, MO
- 200 Newport Ave, Quincy, MA
- 105 Rosemont Rd, Westwood, MA
- 22 Saint Cyprians Place, Roxbury Crossing
[edit] Holdings
- State Street Bank and Trust Company
- International Fund Services
- State Street Global Advisors
- Boston Financial Data Services
