State Street Strengthens eExchange Team with Addition to Derivatives Program
April 27 2011 - 10:00AM
Business Wire
State Street Corporation (NYSE:STT), one of the world’s leading
providers of financial services to institutional investors, today
announced that Charles (Charley) Cooper has joined the company as
senior managing director of State Street’s eExchange derivatives
program. He is based in New York and reports to Clifford Lewis,
executive vice president and head of State Street’s eExchange
business, a division of State Street Global Markets. eExchange
delivers advanced trading solutions for foreign exchange, futures,
US treasuries and the subscription and redemption of money market
funds and exchange traded funds.
Cooper, age 39, will lead eExchange’s efforts to respond to
market changes stemming from the Dodd-Frank financial reform bill.
He will work with clients to ensure the continued success of
existing products and build new state-of-the-art trading and
settlement offerings to comply with the evolving regulatory
landscape. State Street’s growing derivative servicing suite now
includes end-to-end OTC and exchange traded derivatives processing,
collateral management, and independent valuations.
“We are excited to welcome Charley into our organization,” said
Lewis. “His extensive experience in both the public and private
sector make him a unique resource to help State Street and our
clients navigate the market and regulatory changes ahead.”
Cooper most recently worked at Deutsche Bank AG in London, where
he served as global head of Legal Operations in the risk management
division, helping the company navigate the global financial crisis
that began in 2007. Prior to joining Deutsche, Cooper spent more
than two years as chief operating officer and chief of staff for
the US Commodity Futures Trading Commission (CFTC), the federal
regulator charged with overseeing the futures and options
industries in the United States. In that capacity, he served as the
Commission’s senior staff representative on the President’s Working
Group on Financial markets. From January 2004 through August 2005,
Cooper served as special assistant and chief spokesman to Deputy
Secretary of Defense Paul Wolfowitz at the Pentagon.
Cooper earned both a bachelor’s degree (government) and a juris
doctor degree from Georgetown University in Washington, DC. He is a
native of New York City.
About State Street Corporation
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 $22.6 trillion in assets
under custody and administration and $2.1 trillion* in assets under
management at March 31, 2011, State Street operates in 26 countries
and more than 100 geographic markets worldwide. For more
information, visit State Street’s website at
www.statestreet.com.
*This AUM includes the assets of the SPDR Gold Trust (approx.
$56 billion as of March 31, 2011), for which State Street Global
Markets, LLC, an affiliate of State Street Global Advisors serves
as the marketing agent.
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