Investor Presentaiton
Summary
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Industry's first-ever global front-middle-back office solution²
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Represents a significant milestone in State Street's technology transformation
• Combination of State Street and CRD will provide a comprehensive, open architecture data-enabled
platform
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- Enterprise end-to-end offering – front, middle and back office software and services configurable to
different client needs
- Information-enabled platform, interoperable with other front office systems
Allows State Street to access a new front office revenue opportunity at scale
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Transaction generates attractive projected long-term financial returns
EPS accretion anticipated in 20203
IRR estimated at ~14%, inclusive only of cost synergies; >20% with anticipated revenue and cost synergies
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Meaningful recurring fee income, which increases annual fee revenue growth14
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Specific revenue and cost synergies
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• Timing and approvals:
-Subject to regulatory approvals and customary closing conditions
- Expect to close in 4Q18
Refer to the Appendix included with this presentation for endnotes 1 to 22.
STATE STREET.
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