8 FEB - APRIL 2024MANAGE CFOIN MY OPINIONThe world of financial services has become all about data. Managing, analyzing, and standardizing mountains of data from across hundreds of platforms in order to gain investment insights is the job. It's a job that needs to happen more quickly, rigorously, and efficiently than ever before in order to enable investors to make better, more informed decisions and identify emerging risks and new opportunities.Through State Street Associates®, our academic and financial research arm, we have been on a years-long journey to distinguish our research as a true differentiator for clients, using data drive and insight to drive business strategy and spur growth. As one of the world's leading custodian banks--responsible for nearly 10%, or $40 trillion, of the world's assets--State Street offers its clients a unique perspective into the capital flows of institutional investors. The patterns we can discern from this vast dataset can present "headwinds and tailwinds" in markets that are important for investors to understand as they look to make better-informed investment decisions. Among the data-driven tools we have made available to clients and the general public to help investors connect the dots and inform their decision-making are:· PriceStats®, our inflation-tracking tool and theworld's leading source of high-frequency inflation analytics in 25 countries worldwide, including the U.S. and Canada. This data is a leading indicator By Eric Aboaf, Vice Chairman and Chief Financial Officer, State StreetUSING DATA-DRIVEN INSIGHT TO DRIVE BUSINESS STRATEGY AND SPUR GROWTHEric Aboaf
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