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  3. State Street appoints global chief architect to advance capabilities in crypto
People moves news

State Street appoints global chief architect to advance capabilities in crypto


29 April 2021 US
Reporter: Maddie Saghir

Generic business image for news article
Image: Nuthawut/adobe.stock.com
State Street has appointed Aman Thind to executive vice president and global chief architect responsible for designing the strategy and driving implementation of technology transformation and interoperable infrastructure.

Thind will also play an integral role in advancing the company’s technology innovation including further building capabilities in digital, crypto, and other digitally-led technologies.

He will report to Brian Franz, global chief information officer.

Previously, Thind was chief technology officer of State Street’s GlobalLink platform and prior to that role was co-founder and CTO of BestX, a fintech startup acquired by State Street in 2018.

During his career, he has also worked in Morgan Stanley, Lehman Brothers, Fidelity and Adobe in various leadership roles.

Franz says: “With experience on both the trading floor and in technology strategy, Aman brings a unique perspective to our technology roadmap across multiple dimensions.”

“Technology will continue to be a key enabler of our clients’ growth objectives and we are confident that Aman’s expertise will enhance the delivery of solutions, help them accelerate time to market and build stability, resiliency and scalability into their operations,” adds Franz.

State Street has been actively engaged in the digital asset space for a number of years and says it is committed to evolving its broader strategy for the crypto and digital assets environment to meet the growing interest of global clients.

In March, State Street was appointed as the fund administrator and transfer agent of the VanEck Bitcoin Trust, a new bitcoin exchange-traded fund that is currently pending approval by the US Securities and Exchange Commission.

Most recently, it was appointed as the administrator of a planned bitcoin backed exchange traded note initiated by Iconic Funds BTC ETN GmbH, a subsidiary of Iconic Funds GmbH.
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