State Street Names Jeff Conway to Lead Data and Analytics Solutions for Clients

  State Street Names Jeff Conway to Lead Data and Analytics Solutions for
  Clients

Integration of Existing Capabilities Provides Clients with Easier Access to
Solutions

Business Wire

BOSTON -- April 12, 2013

State Street Corporation (NYSE: STT) announced today that it has named Jeff
Conway to lead an organization dedicated to developing solutions to address
clients’ data information and trading challenges. Global Exchange reorganizes
existing components from State Street’s research and advisory, analytics,
Currenex, Global Link® and derivatives clearing capabilities into one
organization focused on providing clients with easier access to solutions and
accelerating new product development. Conway, executive vice president and
25-year industry veteran will report to Jack Klinck, a member of State
Street’s Management Committee and head of global strategy and new ventures.

State Street Names Jeff Conway to Lead Data and Analytics Solutions for
Clients (Photo: Business Wir ...

State Street Names Jeff Conway to Lead Data and Analytics Solutions for
Clients (Photo: Business Wire)

“Driven by regulatory reform, complexity and transparency, clients want access
to real-time data and analytics to better inform their investment and trading
decisions,” said Klinck. “Our goal is to support our clients’ trade lifecycle
from investment decision to post-trade administration, minimizing trading and
operational costs.”

“In a survey we conducted last year with the Economist Intelligence Unit, the
issue of data integration was at the forefront of clients’ operational
challenges. Nearly half (46 percent) of asset owners rated their ability to
achieve a comprehensive look-through of their portfolio across all security
types and investment structures as less than good,” said Conway. “And over the
next three years, almost two-thirds (63 percent) of asset owners surveyed
expected their data management challenges to increase. We believe we are
assembling the right combination of technology, expertise and platforms to
help solve these challenges.”

Conway has led a number of businesses and corporate functions during his
25-year career at State Street in addition to leadership roles within the
company’s international business in Europe and the Asia-Pacific region.

About State Street

State Street Corporation (NYSE: STT) is the world’s leading provider of
financial services to institutional investors including investment servicing,
investment management and investment research and trading. With $24.4 trillion
in assets under custody and administration and $2.1 trillion in assets under
management at December 31, 2012, State Street operates in more than 100
geographic markets worldwide, including the U.S., Canada, Europe, the Middle
East and Asia. For more information, visit State Street’s web site at
www.statestreet.com.

This AUM includes the assets of the SPDR Gold Trust (approx. $72.2 billion as
of December 31, 2012), for which State Street Global Markets, LLC, an
affiliate of State Street Global Advisors, serves as the marketing agent.

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Contact:

State Street Corporation
Alicia Curran Sweeney, +1-617-664-3001
www.statestreet.com
@StateStreet