State Street Corporation · NYSE:STT
State Street — Morgan Stanley U.S. Financials Conference 2021
12 slides from State Street's conference presentation, Jun 14, 2021
Slide 1: Morgan Stanley U.S. Financials Conference
June 14, 2021 Morgan Stanley U.S. Financials Conference Francisco Aristeguieta Chief Executive Officer of State Street Institutional Services Eric Aboaf Chief Financial Officer
Slide 2: Preface and forward-looking statements
Preface and forward-looking statements This presentation contains forward-looking statements as defined by United States securities laws. These statements are not guarantees of future performance, are inherently uncertain, are based on assumptions that are difficult to predict and have a number of r
Slide 3: Investment Servicing overview
Investment Servicing overview Enterprise solutions provider that serves institutional clients across the front, middle, and back office through custody and related value-add products FY2020 total STT revenue mix Investment Servicing segment: Fee revenue ($M)C -4% +4% SM +4%D $7,306 $7,486 $7,201 $7,
Slide 4: Challenges and solutions
Challenges and solutions Investment Servicing is committed to driving growth across segments, regions, and client management 2018-2019 challenges 2020-2021 strategic solutions and execution • Aligned business segments, regions and client management, as well as establish an Fee revenue growth account
Slide 5: Client management
New Investment Servicing organizational model From a siloed structure to a fully integrated One State Street organization 2018-2019 Structure 2020-2021 Onward New Structure Product Silos Regions Global Global Global CRD North Services Markets Exchange EMEA APAC LatAm America Segment value propositio
Slide 6: Driving growth by segments and regions across the front, middle, and back office
Driving growth by segments and regions across the front, middle, and back office Total industry ’20-’23 industry Regional industry revenue pool2 CAGR3 Opportunity highlights revenue pool mix2 Opportunity highlights ~$40B Asset Managers: Focus on North America: Deepen our leading Alpha deals and mid-
Slide 7: Client management and experience
Client management and experience Implementing a differentiated client management model to better serve our top 350 clients Global Clients Premium Preferred ~65 clients ~95 clients ~190 clients Larger relationships, increased complexity Smaller relationships, reduced complexity Potential to deepen sh
Slide 8: Outcomes and next steps
Outcomes and next steps Our Investment Servicing strategy is yielding results Increase in Asset Manager segment servicing fees YoY in 8% 1Q21; strong 1Q21 YoY growth across Alternatives, $343B Of 1Q21 AUC/A wins; highest level since 3Q196 Insurance, and Official Institutions business segments Increa
Slide 9: Fireside Chat
Fireside Chat Francisco Aristeguieta Eric Aboaf Betsy Graseck 9
Slide 10: Appendix
Endnotes and definitions 11 Forward-looking statements 12 Appendix 10
Slide 11: Endnotes and definitions
Endnotes and definitions Endnotes 1. Represents State Street AUC/A over estimated Global Financial Assets, including Global Equity, Global Debt Securities and Global Deposits (estimated as M1+M2+M3 Money Supply), as of December 31, 2019. Sources: Bank of International Settlements, SIFMA, World Bank.
Slide 12: Forward-looking statements
Forward-looking statements This presentation (and the conference call referenced herein) 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
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