Waters Wavelength Podcast: State Street’s COO on acquisition strategy

- By Wei-Shen Wong and Anthony Malakian
- 05 Oct 2021

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Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.

Waters Wavelength Podcast · Episode 242: State Street's COO on acquisition strategy

To hear the full interview, listen in the player above, or you can click on the download button in the player above.

You can also listen to us on Spotify.

This week, Lou Maiuri, COO at State Street, joins Tony on the podcast to discuss State Street’s acquisition of Brown Brothers Harriman’s Investor Services business and the firm’s strategy beyond that. They also cover how firms can build interoperability within the organization and some of the challenges with working remotely.

6:00 – Lou joins the podcast and gives a breakdown of his responsibilities at State Street

9:00 – Lou details how State Street’s acquisition of Brown Brothers Harriman’s Investor Services business is really a consolidation deal with many pluses.

11:30 – BBH’s Investor Services business is “the god of small things.”

12:30 – Lou says the deal is strategic and accretive to State Street’s strategy.

14:00 – They discuss how retaining talent and executing the integration is the next key step.

18:30 – Customers want technology that speaks the same language.

23:30 – It’s not a good model if customers don’t have choices.

32:30 – They close by talking about how remote work has worked and the areas where it is more challenging.

Contact Info:

As is the case with everything we do, we'd love to get some feedback from our listeners.

Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com

Anthony Malakian: + 1 646 490 3973; anthony.malakian@infopro-digital.com

Past 10 episodes:

Episode 232: AI networking and virtual conferences