State Street Corporation · NYSE:STT
State Street — Goldman Sachs U.S. Financial Services Conference 2016
14 slides from State Street's conference presentation, Dec 7, 2016
Slide 1: Digital Transformation Through Technology Driven Innovation
Digital Transformation Through Technology Driven Innovation Goldman Sachs U.S. Financial Services Conference Antoine Shagoury Executive Vice President and Global Chief Information Officer Wednesday, December 7, 2016 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements within the meaning of United States securities laws, including statements about our goals and expectations regarding our business, financial and capital condition, results of operations, strategies, the financial and ma
Slide 3: We have a strong global franchise
We have a strong global franchise • Assets under custody and administration of approximately $29.2 trillion as of September 30, 2016 Maintaining the inventory of • One of the world’s leading investment service providers client capital and dividends / • Fund accounting and administration, custody, in
Slide 4: Our vision for State Street Beacon is to be a client-centric digital services company
Our vision for State Street Beacon is to be a client-centric digital services company delivering: Integrated view across service offerings Product Near-real innovation time delivery Client Thought Scalability to partnership grow with and insight clients Technology Multi-asset configured class data b
Slide 5: Process Digitization: digital transformation with a client focus
To achieve our vision we are undertaking a digital transformation with a client focus Client-Centric Digitized Platform Collaborative Future End State Focus of State Street Beacon: Integrated Client Transformational Change Technology and Processes • Rapid and continuous innovation which adds value a
Slide 6: Initiatives designed to drive ongoing value to key stakeholders
Initiatives designed to drive ongoing value to key stakeholders Themes • Integrated Infrastructure • Cloud Scale • Intelligent Data • Strong Security Initiatives Value to State Street Value to Clients Digitization Reduced cost, less labor needed to: Near real-time data enabling: of Services • Proces
Slide 7: State Street Beacon is a technology journey
State Street Beacon is a technology journey Near term: Longer term: Enhancements to existing End-to-end transformational products and solutions delivery of services Built on common components Bringing together the common components • Quicker data and information: improved straight through processing
Slide 8: State Street Beacon is already delivering improved operational and systems performance
State Street Beacon is already delivering improved operational and systems performance Initiatives Metrics Digitization of data, • Percentage of service digitized applications, and services • Processing cost reduction • Systems integrations: number of Day 1 defects / reconciliations • Digitization o
Slide 9: Capitalizing on market opportunities to fuel growth with innovation
Capitalizing on market opportunities to fuel growth with innovation Drivers Challenges and Solutions Client • Increasing complexity and intensity from multiple regulators as Challenges well changing market dynamics Increased • Rising costs and greater fee transparency Complexity with • Increasing tr
Slide 10: Innovation is at our core
Innovation is at our core Emerging Technologies Center Business and IT Teams Identify Explore Prototype Pilot Scale A portfolio approach to managing • Undertake multiple projects concurrently to diversify risk emerging and disruptive technologies • There is no one single technology that can define t
Slide 11: Target outcomes of the Emerging Technologies Center
Innovation at State Street: Target outcomes of the Emerging Technologies Center Increased Enhanced Hands-on Accelerated Monetizing Awareness Thought Experience Adoption Opportunities of emerging Leadership of emerging of emerging through new technologies position technologies technologies service an
Slide 12: Industry Engagement on Disruptive Technologies
Innovation at State Street: Industry Engagement on Disruptive Technologies State Street has FinTech relationships in seven global hubs Boston & New York Dublin, Cork & London • Founding members of R3 and Hyperledger block chain consortia • Start-up mentoring at Level39 and for 3D FinTech Challenge •
Slide 13: Innovation at State Street is part of our fabric
Innovation at State Street is part of our fabric • Innovation is essential to our future • State Street Beacon transformation underway to transform our core businesses and corporate functions • Actively testing emerging technologies, assessing their ability to transform our business, and engaging wi
Slide 14: Questions and Answers
Digital Transformation Through Technology Driven Innovation Questions Goldman Sachs U.S. Financial Services Conference and Answers Antoine Shagoury Executive Vice President and Global Chief Information Officer Wednesday, December 7, 2016 14
State Street — Goldman Sachs U.S. Financial Services Conference 2016 on 6ix