State Street Vision Report Looks at Impact of Emerging Technology on Financial Services

State Street Corporation STT, one of the world's leading providers of financial services to institutional investors, released its Vision Report today examining the impact of emerging technology on financial services and investing. The report, entitled “The Evolving Role of Technology in Financial Services,” looks at the impact of forthcoming advances in three specific areas: analytics, electronic trading and regulation, and portfolio allocation and modelling. The report takes a look at the impact that next generation technology such as cloud computing is expected to have on the industry. According to the report, investors will see unparalleled benefit through greater automation and capacity on demand, accelerated time to market of innovative new products — including custom analytics and data — greater security and strengthened client service. A podcast on cloud computing will be available at www.statestreet.com/vision/technology on Thursday, April 14, 2011.