State Street Corporation is a leading global provider of financial services focused on institutional investors, providing essential solutions that assist clients throughout the investment lifecycle. The firm operates through its primary subsidiary, State Street Bank and Trust Company, which offers a wide array of services including investment servicing and investment management. Clients include asset managers, insurance companies, official institutions, and central banks, highlighting the company's extensive reach with operations across over 100 markets globally.
The company's Investment Servicing segment offers comprehensive services such as custody, accounting, and performance analytics, while its Investment Management segment, primarily driven by State Street Global Advisors, focuses on a diverse range of investment strategies, including ESG investing and exchange-traded funds (ETFs). With approximately $41.81 trillion of assets under custody and administration (AUC/A), and $4.13 trillion under management (AUM) as of the end of 2023, State Street stands as a key player in the institutional investment landscape, leveraging technology and a robust client-focused model to enhance operational efficiencies and drive client success.