State Street

State Street provides investment management, administration, research, trading, and financial data analytics solutions for institutional investors. Read more

Ron O’Hanley's photo - Chairman & CEO of State Street

Chairman & CEO

Ron O’Hanley

CEO Approval Rating

80/100

Founded:

1792

Status:

PublicIndependent CompanyNYSESTT

STATE STREET TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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BlackRock is the top competitor of State Street. BlackRock is a Public company that was founded in New York, New York in 1988. BlackRock operates in the Investment Management & Fund Operators industry. BlackRock has 23,300 fewer employees vs. State Street.

The Vanguard Group Inc is seen as one of State Street's biggest rivals. The Vanguard Group Inc was founded in Wayne, Pennsylvania} in 1975. Like State Street, The Vanguard Group Inc also operates in the Diversified Financial Services sector. Compared to State Street, The Vanguard Group Inc generates $9.6B less revenue.

BNY Mellon is perceived as one of State Street's biggest rivals. BNY Mellon was founded in 1784, and is headquartered in New York, New York. BNY Mellon is in the Banks field. BNY Mellon generates $4B more revenue vs. State Street.

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State Street Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$11.6B

State Street's revenue is the ranked 17th among it's top 10 competitors. The top 10 competitors average 27.5B. Over the last four quarters, State Street's revenue has grown by $13M. Specifically, in Q1 2021's revenue was $3B; in Q4 2020, it was $2.9B; in Q3 2020, it was $2.8B; in Q2 2020, State Street's revenue was $2.9B.

State Street Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
BestX, Ltd.

Aug 2018

Source »
undisclosed
BestX is an execution performance platform that offers exception reporting, real-time pre and post-trade analytics solutions.
Charles River Systems, Inc.

Jul 2018

Source »
$2.6B
Charles River Systems develops and provides software solutions for automating the front and middle office investment processes in businesses.
GE Asset Management Incorporated

Mar 2016

Source »
$485M
GEAM is an asset management company that provides advisory services to investment companies, profit sharing plans and charitable organizations.
Bank of Ireland Group, PLC

Oct 2010

Source »
$74.6M
Bank of Ireland is an Ireland-based financial institution that provides personal and commercial banking products and services to individuals and businesses.
Intesa Sanpaolo SpA

May 2010

Source »
$1.9B
Intesa Sanpaolo provides investment banking, asset management, insurance, pension planing and financial support services.

These are all the companies that State Street has acquired. State Street has acquired 6 companies and its latest acquisition was BestX, Ltd. in Aug 2018. BestX is an execution performance platform that offers exception reporting, real-time pre and post-trade analytics solutions.

State Street Funding History

No recent funding data found related to State Street

State Street Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Joy Spreader is a China-based digital marketing company that offers cross-media advertising, application development, business insights and related solutions for enterprises.
-
May 26, 2021
Post-IPO Equity
Sep 23, 2020
Capitolis is a New York-based SaaS platform that develops and provides and balance sheet exposure solutions for the financial institution in USA, Israel, and UK.
$90M
Mar 29, 2021
Series C
-
Securrency is a Maryland-based blockchain platform that offers crypto asset trading, payment gateway and security framework solutions for individuals and businesses.
$30M
Mar 07, 2021
Series B
-
Lukka is a New York-based crypto-asset software that offers cryptocurrency tax calculation solutions for digital asset institutions.
$15M
Dec 09, 2020
Series C
-
Capitolis is a New York-based SaaS platform that develops and provides and balance sheet exposure solutions for the financial institution in USA, Israel, and UK.
$11M
Sep 09, 2020
Equity
-

These are all the companies that State Street has invested in. State Street has invested 6 companies and its latest investment was BestX, Ltd. in Aug 2018. BestX is an execution performance platform that offers exception reporting, real-time pre and post-trade analytics solutions.

State Street News

June 14, 2021Proactive Investors

State Street launches climate bond to cut down exposure to fossil fuels

The new funds will use ESG data to "significantly reduce portfolio carbon intensity" for investors... See more »
June 14, 2021FinTech InShorts

Launches New Best Division Dedicated To 1

State Street partner with institutional investors all over the world to provide comprehensive financi... See more »
June 11, 2021InvestmentNews

State Street creates digital finance unit to support crypto assets - InvestmentNews

New capabilities of assest manager to include central bank digital currency, blockchain and tokens.... See more »
June 11, 2021Financial News London

'Until we're comfortable, we will not launch'

State Street's exchange traded funds business is considering how to tap into growing client demand fo... See more »
June 10, 2021CNBC

State Street is creating a dedicated cryptocurrency division

State Street is creating a digital finance division focused on cryptocurrency and blockchain technolo... See more »

State Street Press Releases

May 20, 2020Business Wire

State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series "D," "G," and "H"

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividen... See more »
March 4, 2020Business Wire

State Street Announces Chief Financial Officer to Participate in the 2020 RBC Capital Markets Global Financial Institutions Conference

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that its Chief Financial... See more »
February 20, 2020Business Wire

State Street Corporation Declares Dividend on its Common Stock

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividen... See more »
November 6, 2019Business Wire

State Street Corporation Announces Additional Capital Action with Full Redemption of Non-Cumulative Perpetual Preferred Stock Series "E"

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it will redeem all ... See more »
November 4, 2019Business Wire

State Street Corporation Announces Results of Its 2019 Mid-Cycle Stress Test

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the results of its 2019 ... See more »
October 3, 2019StreetInsider

State Street Hires Asset Servicing Expert to Strengthen Asset Owner Team

BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) today announced that Robert Bob Dollar... See more »

State Street Videos

May 5, 2021State Street Youtube Channel

"Asset Manager | Vision" on YOUTUBE

April 29, 2021State Street Youtube Channel

"State Street Alpha | Portfolio Manager" on YOUTUBE

April 22, 2021State Street Youtube Channel

"ESG Solutions" on YOUTUBE

Social Media

State Street Headquarters

One Lincoln Street

Boston, Massachusetts02111

617-786-3000

Driving Directions »

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State Street Summary

ABOUT

Overview

State Street provides investment management, administration, research, trading, and financial data analytics solutions for institutional investors. State Street was founded in 1792. State Street's headquarters is located in Boston, Massachusetts, USA ...

CEO

State Street's Chairman & CEO, Ron O’Hanley, currently has an approval rating of 80%. State Street's primary competitors are BlackRock, The Vanguard Group Inc & BNY Mellon.

Frequently Asked Questions about State Street

  1. When was State Street founded?

    State Street was founded in 1792
  2. Who is State Street's CEO?

    State Street's CEO is Ron O’Hanley
  3. How much revenue does State Street generate?

    State Street generates $11.6B in revenue
  4. How much funding does State Street have?

    State Street has historically raised $0 in funding
  5. Where is State Street's headquarters?

    State Street's headquarters is in Boston Massachusetts, USA
  1. How many employees does State Street have?

    State Street has 40,000 employees
  2. What sector does State Street operate in?

    State Street is in Diversified Financial Services, Diversified Investment Services
  3. Who are State Street's competitors?

    State Street's top competitors are BlackRock, The Vanguard Group Inc, BNY Mellon
  4. Who has State Street invested in?

    State Street's has invested in companies such as Joy Spreader, Capitolis, Securrency