State Street Global Exchange Continues to Build Analytics Team with Addition of Two Industry Veterans

  State Street Global Exchange Continues to Build Analytics Team with Addition
  of Two Industry Veterans

Business Wire

BOSTON -- September 30, 2013

State Street Global Exchange has strengthened its analytics offerings with the
addition of two new senior hires, Dr. Jeffrey Bohn and Thomas Hughes. State
Street Global Exchange delivers proprietary data, insights, analytics and
trading solutions to address clients’ needs to make better investment
decisions, generate superior returns, and effectively manage data and risk.

Dr. Jeffrey Bohn joins State Street Global Exchange as head of portfolio
analytics and valuation and Thomas Hughes joins as senior product strategist,
analytics, both reporting to Dr. Roger M. Stein, chief analytics officer of
State Street Global Exchange. The two analytics industry veterans bring strong
technical and product development backgrounds and will be instrumental in
building upon State Street’s analytical foundation to develop models and tools
for implementing better trading strategies, new investment products and
best-practice risk management tools.

“The foundation of a successful business is a strong team,” said Jeff Conway,
executive vice president and head of State Street Global Exchange. “Our
analytics combine the experience and expertise necessary to translate
information into performance. The ability to harness the power of data,
evaluate and act on it empowers the investment decisions that will set our
clients’ strategies apart in an increasingly complex market.”

“We’re focused on expanding our team with creative, imaginative individuals
who also have deep expertise in building the types of products and tools
clients need,” said Dr. Stein. “Jeff and Tom are both innovators in our field
and they bring a rich understanding of both the analytics business and the
underlying technologies required to create new generations of integrated
analytics offerings. We are excited to have them both on board.”

Before joining Global Exchange, Hughes held a number of senior positions
including chief operating officer and president of The Connors Group, a
quantitative-equity trading research business. He also led the digital product
strategy practice at Moody’s and oversaw the conversion of existing service to
digital delivery and initiated a number of new products including
industry-leading data feeds and software-as-a-service innovations. Most
recently, he has been involved as an advisor to a number of local start-up
firms in New York City. Hughes serves his community as a Director of the
Alliance for Downtown New York, the business-improvement district for Lower
Manhattan and the Financial District.

Dr. Jeffrey R. Bohn has been working in the field of financial analytics for
25 years. During this time he has held senior positions focused on portfolio
management and construction. He also has extensive experience heading product
and research teams that developed analytics tools that have been adopted
widely in industry. He has led economic capital and risk management functions
at Standard Chartered and Shinsei Bank and served as CEO of Soliton Financial
Analytics, a financial technology firm based in Hong Kong. He was also head of
research and product development at Moody’s KMV. Most recently, he led the
risk and regulatory practice for PwC’s Financial Services Consulting group in
Japan. Dr. Bohn regularly teaches seminars on topics related to finance,
quantitative methods and financial institutions, and has taught at both UC
Berkley and Tokyo University.

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

* 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.



State Street Corporation
Anne McNally, +1 617-664-8576
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