State Street Appoints Roger M. Stein as Chief Analytics Officer

  State Street Appoints Roger M. Stein as Chief Analytics Officer

Former President of Moody’s Research Labs Will Lead Analytic Product Strategy
and Development for State Street’s Data and Analytics Offering

Business Wire

BOSTON -- July 25, 2013

State Street Corporation (NYSE:STT), announced today that it has appointed
Roger M. Stein as chief analytics officer for State Street Global Exchange.
Global Exchange brings together existing components from State Street’s
research and advisory, analytics, Currenex, Global Link® and derivatives
clearing capabilities with new research to develop solutions to address
clients’ data information and trading challenges.

In this new role, Stein, age 47, will direct all aspects of Global Exchange’s
new product offerings and provide support for sales engagements across the
organization. He and his team will build on State Street’s strong analytical
foundation to develop relevant models and tools to implement better trading
strategies, develop new investment products and deploy best-practice risk
management.

With more than 20 years of experience in finance and analytics Stein will be
based in New York and will report to Jeff Conway, executive vice president and
head of State Street Global Exchange. Previously, Dr. Stein held a number of
senior positions at Moody’s including president of Moody’s Research Labs
(MRL), co-head of Research at Moody’s KMV, managing director of the managed
funds group at Moody’s Investors Service and managing director of research and
academic relations globally. Dr. Stein also holds the position of Senior
Lecturer in Finance at the MIT Sloan School of Management and is a Research
Affiliate at the MIT Laboratory for Financial Engineering.

“Roger has an impressive reputation and an acute ability to merge quantitative
research and data to develop products that address key issues facing
institutional investors,” said Conway. “While at Moody’s he and his teams led
the commercial development of risk management models and tools that are widely
used within the financial industry. His deep knowledge and experience will be
invaluable to State Street as we focus on providing clients with solutions to
their asset management and trading challenges.”

“I am delighted to be joining the team at State Street,” said Dr. Stein. “The
opportunity to match the firm’s strengths, resources and insights to meet
client needs is an exciting one. State Street has the tools, data and
relationships to create valuable products and solutions.”

About State Street Corporation

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. With
$25.7 trillion in assets under custody and administration and $2.1 trillion in
assets under management* at June 30, 2013, 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. $37 billion as
of June 30, 2013), for which State Street Global Markets, LLC, an affiliate of
State Street Global Advisors, serves as the marketing agent.

Contact:

State Street Corporation
Jan Symosek, +1-617-664-1898
www.statestreet.com
@StateStreet