BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today two appointments to further strengthen its information and technology capabilities and accelerate its digital service offerings.
Chris Perretta, who previously served as chief information officer (CIO), has been promoted to a newly created position as global head of enterprise data and technology. Perretta will be responsible for advancing State Street’s technology strategy and combining data and insights to deliver new digital tools and platforms for clients. State Street announced last month that it was accelerating the next phase of its transformation program, and Perretta will play an integral role in developing the strategy towards an end vision of an organization that is digitally integrated across infrastructure, workflows, products and data.
Antoine Shagoury has been appointed to executive vice president and global CIO, reporting to Perretta. Shagoury joins State Street from the London Stock Exchange Group (LSEG) where he was group chief information and group chief operating officer for the past five years. At LSEG, he had global responsibility for all technology and operations across capital markets, information and data services, and post trade.
“Access to information is becoming quicker and faster, and new technologies and capabilities are emerging every day,” said Mike Rogers, president of State Street Corporation. “Industry leadership will be defined by those companies that provide a true real-time digital experience to strengthen investment processes and decisions and demonstrate continual innovation. Chris’ efforts have been instrumental to the design and development of our digital business and he is well positioned to drive our success in the future.”
“Antoine has a twenty year history in driving change in high-volume, real-time and mission critical global environments,” said Perretta. “He has led successful technology efforts at two stock exchanges and has been an advocate in pursuing disruptive technologies, most recently in block-chain opportunities. Antoine’s extensive technical and operational experience and significant industry knowledge will be a tremendous asset to State Street as we drive the next phase of our digital transformation.”
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 $27.3 trillion in assets under custody and administration and $2.2 trillion* in assets under management as of September 30, 2015, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street’s website at www.statestreet.com.
* Assets under management include approximately $25 billion as of September 30, 2015, for which State Street Global Markets, LLC, an affiliate of SSGA, serves as the distribution agent.