State Street Corporation

State Street Corporation is a global financial holding company specializing in investment services and investment management for institutional clients. Its primary function is to provide custody, administration, daily pricing, record keeping, and related services, managing and safeguarding the assets of mutual funds, pension plans, insurance companies, and foundations. State Street's operations also include performance analytics, risk and compliance solutions, securities lending, trading, foreign exchange, and a comprehensive suite of outsourcing services for asset managers and hedge funds. Through its investment management arm, it offers actively and passively managed strategies across global equity and fixed-income markets for large institutional investors. As one of the world's largest asset managers and custodians, State Street handles approximately $49 trillion in assets under custody/administration and over $5 trillion in assets under management as of mid-2025, highlighting its systemic importance to global financial infrastructure. Headquartered in Boston, State Street employs over 52,000 people and operates in more than 100 geographic markets, playing a critical role in facilitating institutional asset flows and supporting the structure of global capital markets.