This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Northern Trust Wins Best Reporting Initiative At American Financial Technology Awards

A key feature of Northern Trust’s Investment Operations Outsourcing solution for investment managers has won the award for “Best Reporting Initiative” at the American Financial Technology Awards, held in December.

The award, from WatersTechnology, Buy-Side Technology, Sell-Side Technology and Waters magazine, recognizes the array of client communications capabilities of Northern Trust’s Investment Operations Outsourcing platform as well as “its flexibility and scalability to meet new reporting environments.” Northern Trust offers client reporting as part of its outsourcing solution, which provides back- and middle-office services to help investment managers control costs while pursuing asset growth globally.

“The ‘Best Reporting Initiative’ award validates our strategy of integrating a full suite of client reporting capabilities into our middle office outsourcing solution, and deploying the Equipos Coric software designed specifically for investment managers,” said Paul Fahey, head of product for Global Fund Services at Northern Trust. “Historically, asset managers have struggled to produce client reports that deliver an array of accurate information in a timely manner and an accessible format, with high-quality graphics and presentation. Our middle office outsourcing solution not only lightens the reporting burden for asset managers, it leverages a global process to incorporate client information from our data warehouse with manager commentary and company branding into a robust package for the end investor.”

The American Financial Technology Awards recognize industry excellence in the deployment and management of financial IT within the wholesale investment banking community. The judging committee included Waters Editor-in-Chief Victor Anderson, Deputy Editor Anthony Malakian and five end-users from the buy-side, sell-side, and exchanges. The eighth annual awards received more nominations than in any previous year.

Northern Trust is one of the world's leading asset servicing providers, offering global expertise and local specialist services to investment managers and institutional investors in more than 40 countries. Northern Trust's Corporate & Institutional Services business unit is a leading global provider of asset servicing, asset management, and related services to fund managers, sovereign wealth funds, pension funds, foundations, endowments, insurance companies and government funds. Its Global Fund Services business offers a broad array of middle- and back-office solutions customized to meet the needs of investment managers and fund sponsors, allowing clients to build services around their needs while providing the strength and scalability of one of the world's leading financial institutions.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,055.87 -116.81 -0.68%
S&P 500 1,982.77 -11.52 -0.58%
NASDAQ 4,508.6880 -19.0010 -0.42%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs