Public finance collaboration Potential to expand partnerships with higher education institutions and state agencies through workforce development programs, leveraging STO’s existing collaboration with UNM and NMSU to offer joint finance training, internships, and talent pipelines.

Digital modernization STO relies on a mix of cloud and traditional tech (Google Cloud CDN, Wix, Sentry, jQuery). There is opportunity to offer modernized financial platforms, security enhancements, and integration services to streamline cash management, collateral monitoring, and bond proceeds investment workflows.

Security and compliance Given responsibilities around validating deposits, preventing fraud, and enforcing collateral policies, there is demand for advanced analytics, fraud detection, and compliance tooling tailored to public sector requirements and Fed/agency standards.

Talent and staffing Recent leadership hires and formal partnerships indicate ongoing capacity building in public finance. This suggests a need for specialized recruiting, training solutions, and workforce development services to attract and retain skilled public finance professionals.

Investment operations As stewards of operating cash, bond proceeds, and LGIP, STO could benefit from investment analytics, risk management, and reporting tools that improve liquidity management, performance tracking, and fiduciary accountability for public funds.