Northern Trust and BondEvalue, a Singapore-based fintech firm, have established a partnership to deliver integrated asset servicing and digital solutions for fractional ownership of fixed income bonds. BondEvalue’s regulated platform will facilitate trading of fractionalised investable assets based on wholesale bonds, while Northern Trust will be its exclusive asset servicing provider. This partnership follows the…
Category: NTRS
UK’s House of Fraser pension fund appoints Northern Trust
Northern Trust has been selected by The House of Fraser Beatties & Jenners Pension Scheme to provide global custody and valuation reporting services to its defined benefit pension scheme. The GBP800m pension scheme has approximately 10,000 scheme members across the UK.
Northern Trust hires three for product & bus dev teams in UK
Northern Trust has made three London-based appointments across its institutional product and business development teams: Howard Rapley has been appointed global product lead, securities services, responsible for the strategy and capabilities supporting client assets held by Northern Trust. These include safekeeping, settlement, income, corporate actions and tax reclamation services. Rapley spent two decades with Citi…
Northern Trust launches new client dashboards for Omnium
Northern Trust has launched a range of new client dashboards for Omnium, its technology platform for alternative fund administration. Omnium client dashboards feature a streamlined interface to enhance the user experience and are optimised for mobile devices to provide real-time, on-demand access to portfolio information. Additional features include interactive data visualisation capabilities, readily accessible static…
CTIM selects Northern Trust’s Integrated Trade Solutions service
Northern Trust has been appointed to provide its Integrated Trading Solutions service and MiFID II transaction reporting to Charles Taylor Investment Management (CTIM), the fund management business of Charles Taylor plc, a professional services and technology solutions provider to the global insurance market. CTIM has USD2bn AuM. The mandate expands CTIM’s existing relationship with Northern…
Northern Trust adds risk management to FOS product set
Northern Trust has expanded its front office solutions product set to include a suite of risk management capabilities, enabling asset owners to review and assess the operational strengths and risks of investment managers, including those managing alternative strategies such as hedge funds, private equity funds, real assets and direct investments. The operational risk management solutions…
Northern Trust hires Gil Platteau for Switzerland client role
Northern Trust has appointed Gil Platteau to the senior leadership team in Switzerland. Based in the Basel office, Platteau will manage key client relationships with Swiss pension funds and insurance companies. Platteau was most recently at Mercer Delegated Solutions, where he was country head of Switzerland.
Northern Trust boosts TM business with two hires In Australia
Northern Trust has made two appointments in its capital markets business. Mat Cook has been appointed to lead Northern Trust’s transition management offering across Asia-Pacific, based in its Sydney office. Cook joins from State Street, where he worked for the past nine years as a transition manager. Rob Dixon joins the transition management team in…
Northern Trust appoints Grace Hayman for senior ANZ SL role
Northern Trust has appointed Grace Hayman as senior relationship manager for its securities lending business in Australia and New Zealand. Based in Sydney, Hayman will also be responsible for leading securities lending business development activities across the region. Hayman was most recently based in Northern Trust’s Singapore office where she managed the Southeast Asian securities…
Northern Trust launches securities loan pricing engine
Northern Trust has developed a securities lending pricing engine that uses machine learning and advanced statistical techniques to support revenue growth for clients by more effectively forecasting loan rates.