[July 18, 2018]

Announcing State Street VerusSM - A Mobile Solution to Help Investment Professionals Assess Their Portfolio Exposure to Breaking News

State Street Corporation (NYSE: STT) today announced the launch of State Street Verus^SM, a mobile-first application that makes connections between news coverage and investors' holdings through the application of big data, machine learning, natural language processing and human intelligence. Verus is designed to help investment professionals in the front office gain greater insights, mitigate risk, and generate alpha.

"About 150,000 articles are generated on business and finance topics each week, and investment and risk professionals struggle to reliably filter out noise and feel confident that they are not missing anything that could impact their portfolio," said Stephen Marshall, head of State Street Verus. "Our new solution highlights not only the direct connections but also the less obvious indirect connections between these news items and clients' portfolios; shortening the amount of time between when a relevant news story breaks and when a client can comfortably answer the question, 'What is my exposure?'"

Verus gathers coverage from thousands of major global, English-language news publications and combines machine learning algorithms with portfolio data from truView®, State Street's end-to-end risk analytics platform, to curate users' newsfeeds. Verus also incorporates the insights of a dedicated editorial team comprising former financial news editors and journalists continuously providing feedback to the algorithms so that the connections made are relevant and that the underlying algorithms are continually improving.

Once direct connections are identified, Verus analyzes third-party relationship data in order to surface relevant indirect relationships within the portfolio. Connections are then ranked by a "V Score" based on three main factors:

• Article content: Verus algorithms detect whether the language in an article has historically shown a strong likelihood of bein a high priority news item.
• Risk: Verus looks at both portfolio and relevant security level analytics calculated by truView platform - and how they have changed over time.
• Network connections: Using third-party relationship data, Verus determines the extent to which relevant holdings within the portfolio have weak or strong common relationships across their respective supply chains - which can be an important indication of systemic risk.

"Servicing more than 10 percent of the world's tradable securities provides us with a wealth of information," said Lou Maiuri, global head of State Street Global Exchange. "This information advantage puts State Street in a position to offer unique insights, and we are constantly finding new and innovative ways to do that in order to support our clients. Verus enables a new way to help our clients identify and analyze risk and opportunity."

Click here for more information about State Street Verus.

About State Street Corporation
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 $33.30 trillion in assets under custody and administration and $2.70 trillion* in assets under management as of March 31, 2018, 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 include the assets of the SPDR® Gold ETF and the SPDR® Long Dollar Gold Trust ETF (approximately $36 billion as of March 31, 2018), for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

State Street Corporation One Lincoln Street, Boston, MA 02111-2900.

The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. Investing involves risk including the risk of loss of principal. You should consult your tax and financial advisor.

© 2018 State Street Corporation - All Rights Reserved

Expiration Date: 07/31/2019

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