Perretta Discusses State Street's Transformation Wave, New CIO

Waters caught up on the latest with the firm's global head of enterprise data and tech.

State Street's headquarters in Boston.

Digitization initiatives have proven a critical if, as Waters detailed this summer, an often difficult-to-define area for top-tier buy-side organizations in recent years.

For many of these firms, post-crisis acquisition and newly-developed business units, increasing global reach, and technology commoditization have all come into play. Attempts have followed to untangle and then re-engineer critical pieces of infrastructure and business processes to run leaner, smarter and with more cost and perf