BOSTON--(BUSINESS WIRE)--
State Street Corporation (NYSE: STT), one of the world’s leading
providers of financial services to institutional investors, today
announced that it has received a Laureate award from IDG’s Computerworld
Honors Program and was selected as a finalist for the 21st Century
Achievement Award for its Innovation Pipeline strategy.
IDG’s Computerworld Honors Program Awards annually honor
innovative companies and institutions with Laureate awards in various
categories that use information technology to promote positive social,
economic and educational change. State Street received its Laureate and
finalist award in the Finance, Insurance and Real Estate category. State
Street was also recently ranked as one of Computerworld’s 100
Best Places to Work in IT 2010.
“It is an honor to be recognized by Computerworld for the third
consecutive year,” said Madge Meyer, executive vice president and head
of Global Infrastructure Services at State Street. “State Street’s
Innovation Pipeline strategy enables us to continually renew and improve
our IT infrastructure while also providing a clear path for the adoption
of new technologies and practices from idea to implementation for
delivering competitive advantage to our business.”
State Street’s Innovation Pipeline provides a clear trajectory for the
adoption of new technology. It comprises a set of strategic IT
objectives against which new solutions can be measured. The objectives
focus on creating simpler, more centralized infrastructure technology;
recognizing and cultivating potential business benefits of new
technology; and maintaining State Street’s green initiatives by
optimizing and sustaining available resources.
About State Street Corporation
State Street Corporation (NYSE: STT) is the world's leading provider 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’s web site at www.statestreet.com.
Source: State Street Corporation
Contact:
State Street Corporation
Carolyn Cichon, + 1 617 664 8672