Technology and Operations
Building trust on a centuries-strong foundation
Technology is central to our enterprise, enabling execution at scale while fostering resilience, efficiency, and innovation. Responsible for more than 11 percent of the world’s financial assets, State Street serves a vital role in the global financial system.1 Our ability to earn and sustain trust — through secure, seamless, and efficient service delivery — relies on the strength of our technology and operations infrastructure.
Transforming our operating model
As we continue to modernize our operations, we remain committed to building the industry’s most sophisticated, intelligent, and integrated technology platform to support evolving client needs.
In 2024, we accelerated our transition to a platform-based operating model, centralizing and standardizing key functions to enhance efficiency and interoperability across our business. These efforts streamline workflows and reinforce our ability to deliver scalable, high-impact solutions.
“At State Street, our transformation journey extends beyond creating efficiencies. We are reshaping our operating model to enhance our competitive edge — for our clients and our firm — while delivering exceptional value and fostering innovation.”
Enabling client-centric innovation
Our client-focused, technology-driven architecture accelerates product innovation, reduces time to market, and enables rapid expansion at scale. These developments increase our capacity to solve our clients’ most pressing challenges.
Strengthening resilience and risk management
The financial landscape is increasingly complex, requiring heightened security and regulatory discipline. In 2024, we advanced our cybersecurity frameworks, governance controls, and risk remediation measures to optimize operational integrity and protect against emerging threats. By embedding cutting-edge risk oversight mechanisms, we design our global platform to uphold high standards of readiness and business continuity aligned with client and regulator expectations.
A trusted partner for the future
For nearly 233 years, State Street has been an essential partner, providing stability and innovation in an evolving financial landscape. Our integrated technology and operations framework empowers clients with the service, tools, and confidence to navigate change, adapt with agility, and seize new growth opportunities.
Our technology transformation continues to drive efficiency, resilience, innovation, and operational excellence — creating long-term value for our clients and shareholders.