State Street in Canada
The pace of change across the financial sector is faster than ever. As new technologies unfold, regulations evolve and fierce competition takes shape, we’ll work with you to provide the institutional expertise and local knowledge you need to manage change — confidently.
In a rapidly changing marketplace, the strength and stability of your financial services provider is more important than ever. Because of our singular focus on institutional investors, we’ve developed an in-depth understanding of your needs. We combine that knowledge with decades of experience serving institutional investors of all types and sizes.
State Street has been in the Canadian marketplace since 1990 and recently celebrated our 25th anniversary. As the Canadian market has grown, State Street Canada has grown along with it and there’s no sign of slowing down.
Our latest research showed Canadian investment institutions are optimistic about their prospects for future growth. According to industry executives, 86 percent of Canadian respondents are confident they’ll achieve their growth targets over the next five years.* To thrive, however, they’ll need to fill gaps in their investment, operations and innovation strategies. Only five percent of Canadian respondents say they have a fully digitized operating model. And just 28 percent believe their leadership is highly effective in embracing viewpoints that challenge existing organizational thinking.*
Tools and support you need to run your business
We currently have three offices in Canada (Toronto, Montreal and Vancouver) and more than 1,200 employees.** Consistent with our global offering, we provide our clients with a complete range of financial services across the investment spectrum, including investment servicing, investment research and trading, and investment management.
Our local professionals are able to provide valuable insight into the legal and regulatory requirements that impact your business, such as International Financial Reporting Standard (IFRS), and our products and services assist you in your efforts to comply with changing regulations.
Working with us, you’ll have access to the local market knowledge of our experienced professionals, as well as capabilities and services that are highly scalable and truly global. More importantly, you benefit from our unwavering client focus and commitment to your success.
*State Street’s Growth Readiness Study, conducted in March and April 2017, was a global study of more than 500 executive respondents representing institutional asset owners, asset managers and insurance companies. In Canada, we surveyed 50 executives spanning investment, operations, sales and distribution roles.
** State Street data as of June 30, 2017