State Street Recognized for Sustainability and Service Delivery Initiatives
May 25 2010 - 1:00PM
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 been named one of InfoWorld’s 2010 Green 15
companies and was also honored with the Computerworld 2010 Storage
Networking World Best Practices in Storage Resiliency, Data
Protection and Recovery Award.
The InfoWorld Green 15 recognizes companies sponsoring
green-technology initiatives that are innovative and collaborative.
Since its launch in 2008, the Green 15 has recognized organizations
for their innovative use of information technology to achieve
critical and often complementary environmental and business
objectives. State Street was included among the winners for taking
an environmentally sustainable approach to its information
technology operations.
“We are very proud to be among the Green 15 this year,” said
Madge Meyer, executive vice president, Global Infrastructure
Services at State Street. “This award recognizes State Street’s
commitment to embedding green information technology practices into
its culture, solutions and operating procedures.”
State Street was also recognized at the Computerworld Storage
Networking World Best Practices Awards, where it won the Best
Practices in Storage Resiliency, Data Protection and Recovery
category for its Transparently Replicated Utility Storage
Topography (TRUST) solution. TRUST eliminates storage as a single
point of failure through resiliency enhancements, and helps to
support data recoverability within 15 seconds of an event, without
disruption to business operations.
“It is an honor to be recognized for our TRUST solution, which
protects our business-critical data environment. This innovative
approach enables State Street to provide the highest level of
service to our clients,” said Meyer.
About State Street
State Street Corporation (NYSE: STT) is one of the world's
leading providers 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 $1.9 trillion in assets under
management at March 31, 2010, State Street operates in 25 countries
and more than 100 geographic markets worldwide. For more
information, visit State Street at www.statestreet.com.
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