State Street Corporation

“And PRIV, our ETF with State Street, now approaches $700 million in size, and more importantly, it's among the top performers of investment-grade ETFs everywhere.”

Apollo's PRIV private-credit ETF with State Street nears $700M and is a top-performing IG ETF; the two also collaborate on DC/401(k) products.

“In infrastructure, clients such as Nationwide, State Street, and Credit Agricole are turning to AI to manage increased workloads and use z17 for its advanced AI inferencing capabilities and enhanced resiliency.”

State Street is cited as an IBM z17 mainframe client using it for AI inferencing and resiliency amid rising workloads.

“A recent example is the announcement of our expanded partnership with State Street, establishing a unified global back office for many Columbia Threadneedle funds.”

Ameriprise expanded its partnership with State Street to run a unified global back office for many Columbia Threadneedle funds, a mandate win for State Street's servicing business.

“I mean you know about how we partner with State Street on the ETFs.”

Apollo highlights its partnership with State Street on ETFs as a template for distributing private assets through traditional managers.

“We announced in May that Invesco has decided to adopt a hybrid solution by utilizing platforms from both State Street for equities and BlackRock who we currently use for fixed income.”

Invesco selected State Street as its equities technology platform provider in a hybrid outsourcing arrangement.

“Innovation can be a partnering with State Street on their ETF.”

Apollo cites its partnership with State Street on an ETF product as an example of the kind of distribution innovation fueling new demand for private assets.

“Okay. So we have two announced public partnerships, one with State Street and one with Lord Abbott.”

Apollo names State Street as one of two announced public distribution partnerships bringing private-credit products to traditional-asset-manager channels, including the State Street PRIV ETF.

“Fees paid to State Street as we transition assets to alpha will increase as future waves are executed.”

Invesco is migrating assets onto State Street's Alpha platform; platform fees paid to State Street will rise as more asset waves transition, alongside one-time implementation costs.

“On Schwab, we do not have a concrete plan yet because we have not seen the final.”

State Street is evaluating how to respond to Schwab's potential distribution-platform fees for ETFs but does not see them as a material risk to its ETF business.

“Our Galaxy product is a partnership with Galaxy.”

State Street's tokenized/on-chain Galaxy liquidity product is built in partnership with Galaxy, illustrating its make-versus-partner approach in digital assets.