State Street Corporation and Apex Fintech Solutions Announce Strategic Partnership to Address Growing Global Wealth Market Opportunity
(NYSE:STT) BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) and Apex Fintech Solutions announced today a strategic partnership that includes a minority investment by State Street into Apex Fintech Solutions. State Street will leverage Apex’s digital custody and clearing platform to expand State Street’s wealth services offerings to the global wealth management industry. Apex Fintech Solutions is a global financial technology platform powering investing infrastructure, digital custody, clearin
Related Questions
What is the expected revenue contribution from Apex's digital custody platform to State Street’s wealth services and how will it affect earnings estimates?
How will the partnership influence State Street’s market positioning against key competitors in the global wealth management space?
What potential risks or integration challenges could impact the stock’s valuation in the short to medium term?