State Street Appoints Roger M. Stein as Chief Analytics Officer
July 25 2013 - 10:11AM
Business Wire
State Street Corporation (NYSE:STT), announced today that it has
appointed Roger M. Stein as chief analytics officer for State
Street Global Exchange. Global Exchange brings together existing
components from State Street’s research and advisory, analytics,
Currenex, Global Link® and derivatives clearing capabilities with
new research to develop solutions to address clients’ data
information and trading challenges.
In this new role, Stein, age 47, will direct all aspects of
Global Exchange’s new product offerings and provide support for
sales engagements across the organization. He and his team will
build on State Street’s strong analytical foundation to develop
relevant models and tools to implement better trading strategies,
develop new investment products and deploy best-practice risk
management.
With more than 20 years of experience in finance and analytics
Stein will be based in New York and will report to Jeff Conway,
executive vice president and head of State Street Global Exchange.
Previously, Dr. Stein held a number of senior positions at Moody’s
including president of Moody’s Research Labs (MRL), co-head of
Research at Moody’s KMV, managing director of the managed funds
group at Moody’s Investors Service and managing director of
research and academic relations globally. Dr. Stein also holds the
position of Senior Lecturer in Finance at the MIT Sloan School of
Management and is a Research Affiliate at the MIT Laboratory for
Financial Engineering.
“Roger has an impressive reputation and an acute ability to
merge quantitative research and data to develop products that
address key issues facing institutional investors,” said Conway.
“While at Moody’s he and his teams led the commercial development
of risk management models and tools that are widely used within the
financial industry. His deep knowledge and experience will be
invaluable to State Street as we focus on providing clients with
solutions to their asset management and trading challenges.”
“I am delighted to be joining the team at State Street,” said
Dr. Stein. “The opportunity to match the firm’s strengths,
resources and insights to meet client needs is an exciting one.
State Street has the tools, data and relationships to create
valuable products and solutions.”
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 $25.7 trillion in assets
under custody and administration and $2.1 trillion in assets under
management* at June 30, 2013, State Street operates in more than
100 geographic markets worldwide, including the U.S., Canada,
Europe, the Middle East and Asia. For more information, visit State
Street’s web site at www.statestreet.com
* This AUM includes the assets of the SPDR Gold Trust (approx.
$37 billion as of June 30, 2013), for which State Street Global
Markets, LLC, an affiliate of State Street Global Advisors, serves
as the marketing agent.
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