State Street Corporation (NYSE: STT) today announced the launch of the firm's new peer-to-peer financing platform, Venturi, specifically designed to connect buy-side firms with new sources of liquidity in the global repo space. Venturi, built through a partnership with FinOptSys, a cutting edge FinTech focused on the securities financing market, supports trade negotiations and enhances trade settlement and collateral management, allowing traders to better manage and diversify their counterparty exposure. "As a result of elevated market volatility and the changing liquidity and rate environment, buy-side firms are increasingly seeking new and diversified sources of financing," said Gino Timperio, global head of Financing Solutions at State Street. "We are excited to further expand our product suite with the launch of Venturi to help foster the growth of and scale the peer-to-peer marketplace.