State Street Investment Management — Information systems and communications increased by 11.5% to $29.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 45.0%, from $20.00M to $29.00M. Over 3 years (FY 2022 to FY 2025), Investment Management — Information systems and communications shows relatively stable performance with a -1.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Increasing costs may signal necessary digital transformation, while excessive growth could indicate inefficient legacy systems.
Operating expenses related to the technology infrastructure, data processing, and communication networks required to sup...
Comparable to 'technology and data processing' expenses at other large-scale financial service providers.
stt_segment_investment_management_information_systems_and_communications| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.75M | $23.75M | $23.75M | $23.75M | $23.50M | $23.50M | $23.50M | $23.50M | $15.00M | $18.00M | $24.00M | $29.00M | $20.00M | $24.00M | $22.00M | $26.00M | $29.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -1.1% | +0.0% | +0.0% | +0.0% | -36.2% | +20.0% | +33.3% | +20.8% | -31.0% | +20.0% | -8.3% | +18.2% | +11.5% |
| YoY Change | — | — | — | — | -1.1% | -1.1% | -1.1% | -1.1% | -36.2% | -23.4% | +2.1% | +23.4% | +33.3% | +33.3% | -8.3% | -10.3% | +45.0% |