State Street Technology Appointments Move Digital Innovation from Prototype to Practice
April 05 2017 - 12:30PM
Business Wire
New Hires to Help Develop and Manage Emerging Technologies
Products and Architecture
State Street Corporation (NYSE: STT) today announced several
appointments within its Global Technology Services group to help
integrate solutions and architecture in the company-wide move
towards digitization.
“Innovation and tech-driven transformation is underwritten by
our investment in top talent,” said Antoine Shagoury, chief
information officer, State Street. “Becoming a truly digital
enterprise isn’t simply about improving our products or services –
it’s about redefining how the world thinks about asset intelligence
by tapping the unique combination of people, technology and
experience.”
Ravi Arimilli, who is currently listed among the top 20 patent
holders in the US with more than 500 patents to his name, has been
appointed senior vice president, head of Technology Research. In
this newly-created role, Arimilli will report to Shagoury and will
be responsible for defining and implementing State Street’s
technology research agenda, identifying viable disruptive
technologies and creating new partnerships across the industry and
academia to further research efforts.
Arimilli comes to State Street from IBM, where he was an IBM
Fellow and the chief architect for analytics, big data and
blockchain platforms. He has been a pioneer in the IT industry due
to his research and execution of technology-driven paradigm
shifts.
Pinar Emirdag has joined State Street as senior vice president,
head of digital product development, reporting to Shagoury globally
and Stan Drasky, regional chief information officer for EMEA,
regionally. She will be responsible for the management of crypto
and digital currencies and assets, blockchain products, and will
support the development of new business product opportunities
across State Street’s business lines. Emirdag is based in London
and will partner with Drasky to lead and control EMEA strategy and
execution of the firm's digital assets initiatives.
State Street also announced the appointment of Kirk Wylie as
senior vice president and principal risk architect, reporting to
Chief Technology Architect Moiz Kohari globally, and regionally to
Drasky. Wylie will provide enterprise-wide guidance on all aspects
of risk calculations for State Street’s businesses. He will be
responsible for technologies employed to standardize risk
calculations, hardware acceleration and software deployments
appropriate for on-demand, real-time risk analytics. Wylie was
the founder of Open Gamma, a derivatives risk software startup
launched in 2009, bringing Open Source market risk software to
markets, and developing proprietary offerings. Wylie will also be
based in London.
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 $29 trillion in assets under
custody and administration and $2 trillion* in assets under
management as of December 31, 2016, State Street operates in more
than 100 geographic markets worldwide, including the US, Canada,
Europe, the Middle East and Asia. For more information, visit State
Street’s website at www.statestreet.com.
* Assets under management were $2.47 trillion as of December 31,
2016. AUM reflects approximately $30.62 billion (as of December 31,
2016) with respect to which State Street Global Markets, LLC (SSGM)
serves as marketing agent; SSGM and State Street Global Advisors
are affiliated.
CORP-2825
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version on businesswire.com: http://www.businesswire.com/news/home/20170405006061/en/
State Street CorporationJulie Kane,
+1-617-664-3001JEKane@statestreet.com@StateStreet
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