Michael Caffi
Manager, Global TCA Services Global Trading and Implementation
State Street Global Advisors
Michael Caffi is a Vice President and Manager of the Global TCA Services group in the Equity Trading division at State Street Global Advisors in Boston. He is responsible for all facets of Transaction Cost Analysis and centralized TCA reporting services to support Equity Trading, Portfolio Management, and Compliance. Michael joined SSgA in 1995 as VP of Equity Trading Technology in the firm’s IT division and spent 5 years overseeing the advancement and globalization of SSgA’s electronic trading capabilities. After Y2K he moved to the business side to start SSgA’s TCA group in February 2000.
Prior to SSgA, Michael spent 14 years as a software engineer at the econometrics consulting firm Data Resources and two years at Harvard Management Company developing systems for fixed income portfolio management and trading. Michael has been an active proponent of the Financial Information Exchange (FIX) Protocol and served as SSgA’s representative on the FIX U.S. Steering Committee between 1997 and 2002. He was elected co-chair of that committee in 1999 and served on the FIX Board of Directors through 2002.
Michael holds a B.S. in Computer Science from Daniel Webster College and a degree in Engineering Technology from Northeastern University.