State Street increases tech spend 3% to $405M

https://bankautomationnews.com/allposts/retail/state-street-increases-tech-spend-3-to-405m/
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State Street Corp. looked to optimize savings and operational productivity through technology and automation in the second quarter. The $295 billion bank is “carefully investing in strategic elements of the company, including Alpha [its portfolio management technology arm], private markets, technology and operations, automation,” Eric Aboaf, chief financial officer at State Street, said during the […]

https://bankautomationnews.com/allposts/retail/state-street-increases-tech-spend-3-to-405m/