Tag: State Street

Capital and Risk, Credit, Retail Banking

Hey big lender! Finastra, R3 and seven banks have blockchain plan

October 5, 2017

Via: Banking Technology

Finastra, R3 and seven banks – including BNP Paribas, BNY Mellon, HSBC, ING and State Street – are working together to create a blockchain-fuelled online marketplace for the syndicated loan market. Underpinned by Corda, R3’s distributed ledger technology (DLT) based […]

Activity, Channels, Investment Banking

State Street unveils Quantextual Idea Lab for investment research

September 22, 2017

Via: Banking Technology

State Street has launched its Quantextual Idea Lab, a hybrid of machine learning and human knowledge, for improved investment research. According to the firm, investment professionals are inundated with research reports from the sell side, the buy side and academia. […]

Activity, Corporate Banking

JPMorgan Snaps Up $1 Trillion of BlackRock Assets From State Street

January 26, 2017

Via: TheStreet

JPMorgan Chase  (JPM)  scored a landmark deal Wednesday to provide custody services for $1 trillion of BlackRock’s (BLK) assets, which were previously held by rival State Street (STT) . Despite the large transfer, State Street will continue to count BlackRock […]