BOSTON--(BUSINESS WIRE)--
State Street Corporation (NYSE:STT), one of the world’s leading
providers of financial services to institutional investors, today
announced that Samuel (Sam) Cole will join the company next month as
executive vice president and deputy head of State Street’s e-Exchange
business, a division of State Street Global Markets which provides
advanced trading solutions for a variety of markets including foreign
exchange, swaps, US treasuries and exchange-traded derivatives, among
others. The e-Exchange suite of electronic trading solutions is one of
the leading providers in the areas of performance, innovation and
flexibility. Specific products include Currenex, GovEx and the
GlobalLink suite of FXConnect and FundConnect.
Cole, 40, will be responsible for product, technology and operational
activities across the e-Exchange portfolio. He will be based in New York
and will also be responsible for the coordination of all State Street
Global Markets activities locally. Cole will report to Clifford Lewis,
executive vice president and head of State Street’s e-Exchange business,
and will join the State Street Global Markets Executive Management Group.
“We are very pleased to welcome Sam to the e-Exchange team,” said Lewis.
“A recognized leader, Sam will be a key part of State Street’s strategy
for helping buy-side clients maximize opportunities presented by market
structure and regulatory changes.”
Cole joined State Street from BlueMountain Solutions, Inc., a risk and
analytics service provider, where he served as president. He also served
as the chief operating officer, co-head of trading, and a managing
principal at the parent company, BlueMountain, a $4 billion alternative
asset manager focused on the broader credit and derivatives markets. In
this role, he built and led BlueMountain’s Operations, Valuation,
Capital Management, Financing, and Risk Management functions, as well as
managed its Trading team. Prior to joining BlueMountain, Cole was a
senior consultant for McKinsey & Co. and has also worked as a private
equity and defense analyst.
Cole earned an MBA from MIT’s Sloan School of Management, a Master of
Arts from the Fletcher School of Law and Diplomacy at Tufts University,
and a Bachelor of Arts with Honors in Government from Harvard University.
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 $19 trillion in assets under custody and administration
and $1.8 trillion in assets under management at June 30, 2010, State
Street operates in 25 countries and more than 100 geographic markets
worldwide. For more information, visit State Street at www.statestreet.com.
Source: State Street Corporation
Contact:
State Street Corporation
Alicia Curran Sweeney, +1 617-664-3001