State Street Bank appoints blockchain advocate as CIO, intends to get involved in blockchain

Recently, financial services giant State Street Bank of the United States appointed安托万·沙戈里as the group's executive vice president and global CIO. Antoine Shagoury is the former CIO of the London Stock Exchange Group. It is worth noting that State Street Bank seems to emphasize Antoine Shagoury's experience in blockchain technology.

In an interview, Antoine Shagoury, global head of enterprise data at克里斯·佩利塔Street, revealed the group’s interest in blockchain technology and said many of the group’s new hires love innovation, which are key parts of the group’s extensive efforts to develop products for the next “five, 10, 20 years.”

Pelita told CoinDesk that State Street believes blockchain technology will help the group provide customers with more efficient and secure products and services.

He said:

“We are very interested in blockchain as a form of computing and its ability to automate transactions. The speed of access to information is getting faster and faster, and new technologies are emerging every day, from traditional technologies to digital technologies, and we have to stay ahead of this trend.”

Pelita said he believes blockchain technology will have a significant impact on financial processing, settlement and record keeping, but it will require cross-industry collaboration to promote the development of this new technology.

State Street is also one of the participants in the R3CEV blockchain project. This week, five more banks joined the R3 project, bringing the number of financial institutions participating in the R3 project to 30 so far.

As for how Shagoli will help State Street Bank in blockchain technology after taking office, Pelita did not make it clear, but only emphasized that he is willing to promote technological reform and digitalization.

Original article: http://www.coindesk.com/state-street-names-blockchain-advocate-to-cio-role/
By Pete Rizzo
Translator: printemps
Editor: printemps
Source (translation): Babbitt Information