Press Release

Charles River® Appoints Caroline O’Shaughnessy as New EMEA Head​

Boston — November 1, 2021 — Charles River Development (CRD), a State Street Company, has appointed Caroline O’Shaughnessy as Head of EMEA, where she will be responsible for all business oversight within the region and collaboration with State Street AlphaSM , State Street’s global front to back-office platform. Charles River, provider of the Charles River Investment Management Solution (Charles River IMS), was acquired by State Street in 2018.

Caroline joins CRD from The London Stock Exchange Group where she was Chief Client Officer and Global Head of Sales and Marketing of its Information Services Division, and Group Head of its Global Strategic Account Programme. Caroline has over 25 years’ experience in high revenue growth businesses including senior global commercial roles with DTCC (Depository Trust Clearing Co), Thomson Reuters and Interactive Data.

“We are excited to have Caroline lead our Charles River team in EMEA,” said Spiros Giannaros, president and chief executive officer of Charles River.  “Caroline’s energy and experience will bring our European organization to the next level and enable us to continue the growth we are seeing as State Street AlphaSM enables our customers to develop innovative investment strategies, make better informed investment decisions, and streamline business operations.”

Caroline O’Shaughnessy, senior vice president and head of EMEA at Charles River, said: “I am delighted to be joining CRD at a time of extraordinary demand and growth and am excited about working closely with our Charles River and State Street AlphaSM customers in EMEA to continue the honest and open partnership model that has brought our success to date. I look forward to working with my new colleagues to build on its strong growth in EMEA.”

Caroline holds a Bachelor of Science in Biological Sciences from the University of Birmingham.


About Charles River, A State Street Company
Investment firms, asset owners, wealth managers, hedge funds and insurers in ~30 countries rely on Charles River’s front and middle office investment management platform to manage USD ~$35 Trillion in assets. Together with State Street’s middle and back office capabilities, Charles River’s cloud-deployed software technology forms the foundation of State Street Alpha℠. The Charles River Investment Management Solution (Charles River IMS) is designed to automate and simplify the institutional investment process across asset classes, from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout. Charles River’s growing partner ecosystem enables clients to seamlessly access external data and analytics, applications and liquidity venues that support the unique demands of their product and asset class mix. Headquartered in Burlington, Massachusetts, we serve clients globally with more than 1,000 employees in 11 regional offices. For more information, please visit
(Statistics as of Q3 2021)

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 $42.6 trillion in assets under custody and/or administration and $3.9 trillion* in assets under management as of June 30, 2021, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide. For more information, visit State Street’s website at

*Assets under management as of June 30, 2021 includes approximately $64 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

©2021 State Street Corporation – All Rights Reserved
State Street Corporation, One Lincoln St, Boston MA 02111