BOSTON & LONDON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT), one of the world's leading providers of financial services to institutional investors, announced today the launch of its Center for Applied Research to provide clients with strategic insights into the current and future state of the investment management industry.
The Center for Applied Research conducts primary research and works with resources within the financial services industry and across State Street to produce timely research on topics important to investors worldwide. Building on the success of State Street’s established Vision thought-leadership program, the Center publishes primary research that delivers insights on the future of financial markets and the global asset management industry.
Leading the new initiative are Kelly McKenna, senior vice president and Suzanne Duncan, who has been appointed global head of research for the Center.
“As a leader in the global financial services industry, State Street has established a strong track record of providing insights into the key themes impacting investors worldwide,” said Jack Klinck, executive vice president and global head of Corporate Development and Global Relationship Management at State Street. “Employing primary research amongst the global asset management community, the Center for Applied Research further builds on this tradition.”
McKenna re-joined State Street in 2010 from BNY Mellon where she designed strategic plans for new business development with top institutional clients. She has more than 25 years of sales and sales leadership experience, driving cross-enterprise strategies for business process outsourcing services with large complex clients.
Duncan recently re-joined State Street from IBM Corporation where she led research for the financial markets industry. Duncan has presented research at more than 200 conferences worldwide and her research has been featured in over 250 media outlets worldwide.
About State Street
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 $22.6 trillion in assets under custody and administration and $2.1 trillion* in assets under management at March 31, 2011, State Street operates in 26 countries and more than 100 geographic markets worldwide. For more information, visit State Street’s website at www.statestreet.com.
*This AUM includes the assets of the SPDR Gold Trust (approx. $56 billion as of March 31, 2011), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors serves as the marketing agent.