State Street ranks No. 28 on the Kansas City Business Journal's Top Private-Sector Employers List, with 1,518 full-time-equivalent employees in 2015.
In a 2013 story, the local presence was referred to as the largest outside the Boston area.
Kansas City serves as the hub of the company's insurance servicing operation, providing investment administration for insurance portfolios. It offers some of the same services for the mutual fund industry, as well as trade processing and reconciliation services for the banking industry.