State Street provides custody, fund administration and investment servicing support from India through wholly and majority owned affiliates. Its Indian centres serve the group's institutional clients worldwide.
Ownership and structure
State Street runs its India operations through wholly owned and majority owned affiliates and in 2023 moved to take full ownership of its long running State Street Syntel joint venture with Atos.
What India does for State Street
India is a central delivery base for State Street, with operations in seven cities supporting its custody and asset servicing clients globally.
State Street's India business
State Street first established a presence in India in 2004. It operates in Bengaluru, Chennai, Coimbatore, Hyderabad, Mumbai, Pune and Vijayawada.
In 2023 it named a country head to lead its India operations.
Key moves in India
- 2004: State Street first established a presence in India.
- 2023: In August State Street moved to take full ownership of its State Street Syntel joint venture with Atos.
Where it operates
State Street runs its India business from Mumbai. It also has a presence in Bengaluru, Chennai, Coimbatore, Hyderabad, Pune and Vijayawada.
At a glance
- Home country: United States
- Global headquarters: Boston
- Sector: Banking & Financial Services
- Business: Custody and asset servicing
- Role of India: Global delivery and operations
- India head office: Mumbai
- India offices: Mumbai, Bengaluru, Chennai, Coimbatore, Hyderabad, Pune, Vijayawada
- India headcount: Not available
- In India since: 2004
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