- An integrated global platform and operating model in its Global Fund Services unit, giving clients access to real-time data.
- A robust suite of performance, compliance and risk tools in the Hedge Fund Services group, enabling clients to stay ahead of impending regulatory changes.
- Full revenue attestation and an agency model that emphasizes fiduciary responsibility in its Transition Management business, helping clients to manage costs.
- Integrated reporting and extensive pre- and post-trade analytics to give clients an accurate picture of their investment performance as part of Northern Trust Securities, Inc.
Northern Trust (Nasdaq: NTRS) has received awards for fund administration, hedge fund administration, transition management, and broker-dealer service from Custody Risk magazine, which recognizes the outstanding achievers in the securities services industry with its Americas Awards 2014. Transition management and hedge fund administration received awards for the third consecutive year from the magazine. “To win four awards from Custody Risk is an outstanding testament to continued strength in our core businesses,” said David W. Fox, head of Corporate & Institutional Services in the Americas at Northern Trust. “We are honored to be recognized for our fund administration capabilities in the alternative and traditional investment manager segments, in addition to the client-focused service model embodied in our transition management and broker-dealer service businesses.” Custody Risk magazine covers custody and fund administration services, with an audience of global securities industry investment and operations decision makers. Finalists for the Americas Awards were judged by an independent panel composed of industry experts, who considered factors such as new business, innovation, client service, business profile, and overall expertise. Northern Trust was cited specifically for: