State Street Global Exchange Launches State Street MediaStats, Suite of Solutions to Help Investors Achieve Information
Edge
New Partnership with MKT MediaStats to Provide Insights into Market Behavior Based on Media Indicators
State Street Corporation (NYSE:STT) today announced the launch of State Street MediaStats, quantitative investment insights
derived from digital media and other large consumer datasets. The new solution collects unstructured data from more than 30,000
curated sources as well as other “Big Data” sources to quantify leading indicators of market behavior with respect to price and
risk. Company-level insights can be aggregated to understand broader industry and macroeconomic trends.
State Street partner MKT MediaStats, LLC was founded by Gideon Ozik, affiliate professor at École des Hautes Etudes Commerciales
du Nord (EDHEC) Business School and former hedge fund manager at Société Générale; Professor Ronnie Sadka, chair of the Finance
Department at Boston College’s Carroll School of Management; Hadar Shezifi, technology entrepreneur and former architect at
Neustar; and Professor Ken Froot, of Harvard Business School, who is also a founding partner of State Street Associates and FDO
Partners.
“As the number of data sources available to investors grows, so will the need for efficient consumption of large bodies of
information that can be used to generate market insights,” said Jessica Donohue, chief innovation officer for State Street Global
Exchange. “Academic research shows that media has a measurable impact on asset price changes. State Street MediaStats scours
traditional media, social media, and corporate communications to understand how, and how often, publicly-traded companies are being
discussed. By building actionable indicators, we can help our clients analyze this information faster to enhance their investment
decisions.”
State Street MediaStats’ Range of Solutions:
- Earnings Prediction Technology, which analyzes large sets of consumer data to gauge interest
in large retail firms. These digital patterns, reflective of consumer behavior in the real economy, can provide investors with an
additional, distilled input to formulate quarterly earnings estimates.
- Media Indicators that provide insights into stock price changes using proprietary algorithms
to measure abnormal intensity, conditional sentiment and disagreement surrounding individual companies in media coverage. The
suite also includes linkages indicators, which gauge the strength and impact of inter-company relationships based on co-mentions
in the media.
“Investors have traditionally relied on the same data sources to build investment strategies,” said Ozik. “Recent innovations in
information technology provide a unique opportunity to enhance investor knowledge and a distinct, uncorrelated perspective on
financial assets based on vast amounts of new data sources.”
“These new solutions will help our clients scale their ability to extract accurate, valuable and predictive insights from the
massive amounts of unstructured data found in the media,” continued Donohue.
The State Street MediaStats indicators build on the capabilities of State Street’s academic think tank, State Street Associates
(SSA), a division of State Street Global Exchange. SSA bridges the worlds of financial theory and practice, develops proprietary
investment indicators, differentiated analytics applications and tailored investment strategies for institutional investors around
the world.
About State Street
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors,
including investment servicing, investment management and investment research and trading. With $27.78 trillion in assets under
custody and administration and $2.3 trillion* in assets under management as of June 30, 2016, State Street operates in more than
100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State
Street’s website at www.statestreet.com.
* Assets under management were $2.30 trillion as of June 30, 2016. AUM reflects approx. $40 billion (as of June 30, 2016)
with respect to which State Street Global Markets, LLC (SSGM) serves as marketing agent; SSGM and State Street Global Advisors are
affiliated.
Important Information
Investing involves risk, including the risk of loss of principal.
All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no
representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such
information and it should not be relied on as such.
© 2016 State Street Corporation - All Rights Reserved
CORP-2213
Exp. Date: 9/30/17
State Street Corporation
Julie Kane, 617-663-3001
JEKane@StateStreet.com
@StateStreet
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