State Street Corporation Ranks No. 33 on InformationWeek 500
September 12 2006 - 12:50PM
Business Wire
State Street Corporation (NYSE: STT), the world's leading provider
of financial services to institutional investors, announced today
that it ranked No. 33 on the 2006 InformationWeek 500. State Street
received the honor at the exclusive InformationWeek 500 conference
in Rancho Mirage, California. 2006 marks the fourth consecutive
year that State Street has been named to this prestigious ranking.
"Our inclusion in the InformationWeek 500 is a testament to our
team's ability to develop the most innovative technology solutions
for our customers year after year," said Joseph Antonellis,
executive vice president and chief information officer for State
Street. "Our commitment to investing in our technology and the
professional development of our IT team are directly benefiting our
customers around the world." State Street was chosen for the
InformationWeek 500 based on its success in building upon its
online and on-demand information delivery architecture,
mystatestreet.com. State Street is also expanding upon its middle
office platform for investment manager operations outsourcing,
creating the industry's best-in-class integrated platform to
service the middle office of global investment managers. State
Street's IT organization is structured in a way that not only
fosters, but also depends on cross-functional teamwork. Its
motivational program for IT professionals, "Excellence In Action,"
is the foundation behind the company's semiannual CIO Award, which
honors the work of 30 select IT employees. "We'd like to extend our
sincere congratulations to all InformationWeek 500 honorees. These
companies represent today's leading technology innovators, many of
whom have joined us this week," said InformationWeek's publishing
director, Fritz Nelson. "This group has prompted fascinating
discussion on some of the most forward-looking business technology
initiatives to date." For the past 18 years, InformationWeek has
identified and honored the nation's most innovative users of
information technology with its annual listing. The list is unique
among corporate rankings because it spotlights the power of
innovation in information technology, rather than simply
identifying the biggest IT spenders. Additional details on the
InformationWeek 500 can be found online at
www.informationweek.com/iw500/. About State Street Corporation
State Street Corporation (NYSE: STT) is the world's leading
specialist in providing institutional investors with investment
servicing, investment management and investment research and
trading services. With $10.9 trillion in assets under custody and
$1.5 trillion in assets under management at June 30, 2006, State
Street operates in 26 countries and more than 100 geographic
markets worldwide. For more information, visit State Street's web
site at www.statestreet.com. About InformationWeek InformationWeek
sets the agenda for business technology executives, covering the
full range of information access points IT decision-makers use
today. A trusted, authoritative source and information filter,
InformationWeek helps community members understand and focus on
what's important up-to-the-minute -- in print, online, through
independent research and at live, peer-to-peer events. Through its
cross-media platform, InformationWeek delivers content to
complement the print publication to its community of business
technology leaders when and how they want it, 24/7. The
InformationWeek community includes an audience of 2.5 million CIOs,
IT executives and business managers who cut across industries, job
titles, company sizes and global borders. InformationWeek is
consistently recognized for its commitment to excellence and
thought leadership by the IT community, receiving many of the
industry's top media accolades, including several awards from the
American Society of Business Publication Editors (ASBPE), top spots
in BtoB Magazine's Media Power 50 and Circulation Excellence Awards
from Circulation Management Magazine. About CMP Technology CMP
Technology is a marketing solutions company serving the technology,
healthcare and lifestyles industries. Through its market-leading
portfolio of trusted information brands, CMP Technology has earned
the confidence of more professionals and enthusiasts in these
fields than any other media company. As a result, CMP is the
premier provider of access, insight and actionable programs
designed to connect sellers and buyers in each of these industries
in ways that yield superior return on investment. CMP Technology is
a subsidiary of United Business Media
(http://www.unitedbusinessmedia.com), a global provider of news
distribution and specialist information services with a market
capitalization of more than $3 billion.
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