Taryn Siglain, EVP, Global Head of Financing Solutions at State Street, won Excellence in Prime Services at Markets Media Group’s 2025 U.S. Women in Finance Awards.

What was your reaction to winning the award?

Winning the Women in Finance award was an incredible honor. It is easy to look at individual recognition and think it is about one person, but for me, it represents the incredible work of an entire team. Our Financing Solutions platform is built on collaboration, bringing together Prime Services, Agency Lending, and Secured Financing to create something that truly delivers for clients. That does not happen in isolation; it takes trust, creativity, and a shared commitment to excellence.

When I heard the news, my first thought was gratitude. I am so thankful for the people who show up every day with passion and resilience, and for the clients who trust us to innovate on their behalf. This award is a reflection of that collective effort, and it reinforces why I love what I do: building solutions that matter and leading teams that inspire me every single day.

What innovations or trends do you believe will define the next generation of financing solutions?

As clients’ needs continue to evolve and increase in complexity, it’s important that financing platforms provide full front-to-back, flexible coverage. Firms that can provide unique, integrated solutions across products in a capital efficient way will stand out.

I also think the next generation of financing solutions will be shaped by technology in ways we are only beginning to see. Data-driven decision-making is transforming how we manage risk, optimize collateral, and deliver transparency to clients. Imagine real-time analytics that allow us to anticipate liquidity needs or identify opportunities instantly, that is where we are headed.

I also believe the human element will remain just as critical. Relationships and trust have always been the foundation of this business, and technology will enhance that not replace it. Trust is not built through an algorithm but through conversations, shared experiences, and a deep understanding of our clients’ goals. The firms that succeed will be those that marry innovation with partnership, using tools to create efficiency while keeping the client experience personal and strategic.

How do you see the balance between traditional relationship-driven finance and the growing role of digital platforms in serving institutional clients?

I see the future as a blend rather than a trade-off. Digital platforms are transforming how we operate. They streamline processes, provide real-time insights, and create efficiencies that were unimaginable a decade ago. For clients that means faster execution, better transparency, and operational efficiencies. But, at the heart of finance, relationships still matter. Technology can enhance those relationships by giving us better tools and data, but it cannot replace the human judgment and partnership that drive strategic outcomes.

Those firms that will lead in this space will integrate seamlessly, leveraging digital capabilities to deliver precision and scale while maintaining the personal connection that makes clients feel understood and valued. This balance is where the real competitive advantage lies.

What changes have you seen in the industry in terms of inclusion and advancement opportunities for women, and where do you think the most work still needs to be done?

We have definitely made progress and that is encouraging. There is more awareness now, and I have also seen more conversations happening around sponsorship, which is a positive shift.

We still have work to do, particularly on representation of women within senior leadership. This will require flexibility from employers as well as employees as “one size” will not fit all. As a mother of 3, I have experienced firsthand the ebbs and flows of home life versus work commitments and, at times, the seemingly impossible task of balancing it all. And, it’s not just mothers, women have aging parents or other priorities that make work/life balance a challenge. It is incumbent on all leadership to support women through these times so they continue to excel in their careers and do not feel pressure to take a step back. A simple check-in can make a world of difference. Once we ensure our employees feel supported, it’s important we double down by creating real sponsorship. We need to advocate for our high performers when they are not in the room.

On one hand, I continue to find myself as the only woman in many rooms which speaks to the need for continued improvements. On the other hand, the support I have received from my many managers, mentors, and sponsors throughout my career is a testament that progress is being made and gives me hope and inspiration to pay it forward.