Northern Trust

Navy Federal Investment Services Announces New Partnership With Trust & Will

Retrieved on: 
Monday, October 16, 2023
Banking, Professional Services, Other Consumer, Women, Seniors, Men, Family, Other Professional Services, Insurance, Consumer, Finance, Partnership, Veteran, Navy, Organization, Education, Trust, Northern Trust, National Military Family Association, Navy Federal Credit Union, Life, NFCU, Life insurance

Navy Federal Investment Services (NFIS), a subsidiary of Navy Federal Financial Group (NFFG), announces a new partnership with Trust & Will , a leading digital estate planning and probate provider.

Key Points: 
  • Navy Federal Investment Services (NFIS), a subsidiary of Navy Federal Financial Group (NFFG), announces a new partnership with Trust & Will , a leading digital estate planning and probate provider.
  • This collaboration represents a significant milestone for both organizations and promises to deliver easily accessible and affordable estate planning services.
  • "By partnering with Trust & Will, we can easily offer online access to estate planning in addition to our financial advisor support and guidance, allowing Navy Federal members to effortlessly plan for their families, regardless of their circumstances.”
    The services offered by Trust & Will for Navy Federal members are efficient and straightforward.
  • Navy Federal Investment Services and Trust & Will share a joint commitment to financial wellness, financial planning and providing education along the way.

Northern Trust Asset Management Names New Co-Head of Wealth Client Group

Retrieved on: 
Friday, October 13, 2023
Other Philanthropy, Personal Finance, Finance, Asset Management, Banking, Professional Services, Philanthropy, Foundation, Northern Trust, Wealth management, Fidelity Investments, MBA, Investment, Economics, University, CFA, ETF, Widener University Commonwealth Law School, Trust, Harris, Central Region, Putnam Investments, Spinal muscular atrophies, Harris Theater (Pittsburgh), Wharton School of the University of Pennsylvania, Cryptocurrency

Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.1 trillion in assets under management as of June 30, 2023, announced today that Sunitha C. Thomas, CFA will join NTAM as co-head of the newly formed Wealth Client Group.

Key Points: 
  • Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.1 trillion in assets under management as of June 30, 2023, announced today that Sunitha C. Thomas, CFA will join NTAM as co-head of the newly formed Wealth Client Group.
  • In this newly created role, Thomas will provide dedicated leadership to serving Northern Trust Wealth Management clients and strengthening NTAM’s presence in the intermediary wealth management industry.
  • Thomas will report to Northern Trust Asset Management President Daniel Gamba.
  • “Northern Trust is uniquely well-positioned within the wealth management, family office and intermediary markets,” Gamba said.

Northern Trust Appointed Global Custodian by Abu Dhabi Pension Fund

Retrieved on: 
Tuesday, October 3, 2023
Accounting, Asset Management, Professional Services, Finance, Insurance, Pension, Trust, Government, CRM, Pension fund, Security (finance), Northern Trust

Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Abu Dhabi Pension Fund (ADPF) (effective 1 January 2024) to provide a suite of services, including global custody, alternative asset administration through Front Office Solutions, liquidity solutions, performance and risk analytics, and compliance monitoring.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Abu Dhabi Pension Fund (ADPF) (effective 1 January 2024) to provide a suite of services, including global custody, alternative asset administration through Front Office Solutions, liquidity solutions, performance and risk analytics, and compliance monitoring.
  • Abu Dhabi Pension Fund (ADPF) is a growing pool of sovereign sponsored pension assets in the Middle East.
  • Abu Dhabi Pension Fund will engage Northern Trust’s data aggregation and customer relations management (CRM) capabilities, available through its Front Office Solutions offering, to aid them in investment allocation, liquidity management and portfolio optimization.
  • James Wright, head of Asset Owners, EMEA at Northern Trust, commented, “We are delighted that Abu Dhabi Pension Fund has appointed us as their global custodian.

Northern Trust Poised to Support MiFID II Managers Responding to Upcoming Regulatory Changes

Retrieved on: 
Thursday, September 28, 2023
Finance, Business, Banking, Professional Services, Insurance, Letter, Markets in Financial Instruments Directive 2014, Research, II, Registered investment adviser, RIAS, Cryptocurrency, Financial services, EU, Northern Trust

“The recent US regulatory developments combined with potential changes in research funding regulations in the UK and EU may present both challenges and opportunities for asset managers to optimize research access,” said Glenn Poulter, global head of brokerage and integrated trading solutions, at Northern Trust.

Key Points: 
  • “The recent US regulatory developments combined with potential changes in research funding regulations in the UK and EU may present both challenges and opportunities for asset managers to optimize research access,” said Glenn Poulter, global head of brokerage and integrated trading solutions, at Northern Trust.
  • Northern Trust Capital Markets aligns execution, transactional, lending and financing solutions in equities, fixed income and derivatives, transition management, foreign exchange, and securities finance.
  • Northern Trust Capital Markets provides brokerage, foreign exchange, securities finance and transition management services.
  • It is a division of Northern Trust Asset Servicing, which provides asset servicing, fund administration and middle office solutions to institutional asset managers and asset owners around the globe.

AnitaB.org Establishes New DEI Advisory Program; Names Globally Recognized Executive Bo Young Lee as Program's Inaugural President

Retrieved on: 
Wednesday, September 27, 2023
Grace Hopper, The Way Forward, AnitaB.org, McKesson Corporation, Uber, Woman, Organization, Advisory, Strategy&, SAN, Way Forward, Biophysical environment, DEI, ESG, Environment, Marriott International, Management, Northern Trust, Allstate, Social

SAN MATEO, Calif., Sept. 27, 2023 /PRNewswire/ -- AnitaB.org, the leading global nonprofit organization committed to promoting diversity, inclusivity, equality, and belonging in the technology sector, today announced the launch of AnitaB.org Advisory, a consulting division dedicated to helping organizations drive meaningful change through effective DEI strategies. The new offering will be helmed by renowned speaker and human capital, DEI, and Environmental, Social, and Governance (ESG) executive Bo Young Lee. The launch was announced during the Opening Plenary session at Grace Hopper Celebration 2023, the world's largest gathering of women and non-binary technologists. 

Key Points: 
  • The new offering will be helmed by renowned speaker and human capital, DEI, and Environmental, Social, and Governance (ESG) executive Bo Young Lee.
  • The launch was announced during the Opening Plenary session at Grace Hopper Celebration 2023, the world's largest gathering of women and non-binary technologists.
  • "Bo is a respected DEI advisor, strategist, and practitioner," said Brenda Darden Wilkerson, President and CEO of AnitaB.org.
  • Lee brings 23 years of experience with DEI work and renowned expertise in global DEI implications to the AnitaB.org Advisory team.

Northern Trust Corporation to Webcast Third Quarter 2023 Earnings Conference Call

Retrieved on: 
Wednesday, September 20, 2023
Personal Finance, Finance, Banking, Professional Services, Asset Management, CT, Webcast, Northern Trust, Silviculture

Northern Trust Corporation announced today that it will webcast its third quarter 2023 earnings conference call live on Wednesday, October 18, 2023.

Key Points: 
  • Northern Trust Corporation announced today that it will webcast its third quarter 2023 earnings conference call live on Wednesday, October 18, 2023.
  • The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trust’s website .
  • The call will be conducted at 8:30 a.m. (CT), following the release that morning of Northern Trust’s third quarter 2023 earnings press release.
  • A replay of the webcast will be available for approximately four weeks after the date of the call.

Northern Trust Releases Sustainability Report

Retrieved on: 
Tuesday, September 19, 2023
Environment, Finance, Banking, Professional Services, Sustainability, Philanthropy, Fund Raising, Environmental, Social and Governance (ESG), Asset Management, Climate, Organic, Corporate sustainability, Responsibility, Social impact, Education, Northern Trust, Culture, Sustainability reporting, Fugitive emission, Workplace, Woman, GHG, Ambiguity, Carbon, Equity, CDR, Community, Community development, Food security, Renewable energy

Northern Trust announced today it has released its latest Sustainability Report , highlighting efforts to bolster inclusion in the workplace, engage in philanthropic and social impact investing, and minimize the environmental impact of business operations.

Key Points: 
  • Northern Trust announced today it has released its latest Sustainability Report , highlighting efforts to bolster inclusion in the workplace, engage in philanthropic and social impact investing, and minimize the environmental impact of business operations.
  • “Our approach to sustainability is grounded in our enduring principles of service, expertise, and integrity,” said Kimberly Evans, Head of Corporate Sustainability, Inclusion and Social Impact.
  • Examples of Northern Trust efforts include a Women’s Leadership Development Forum in which more than 2,100 women have enrolled.
  • As of Dec. 31, 2022, Northern Trust reduced its energy consumption by more than 30 percent compared to a 2019 baseline.

Northern Trust Announces Inaugural Philanthropy Award

Retrieved on: 
Thursday, September 14, 2023
Professional Services, Philanthropy, Finance, Foundation, Asset Management, Banking, Anchor, Trust, Art Institute, Student, Genesys, Work, Metropolitan Family Services, Knowledge, Growth, Ageing, Food security, Field Museum of Natural History, Pharmaceutical industry, Management, Nursing, Northern Trust, Metro Chicago

Northern Trust announced today the inaugural Northern Trust Anchor Award, which will grant up to $1 million to one Chicago-based, innovative nonprofit organization to accelerate its growth and positive impact.

Key Points: 
  • Northern Trust announced today the inaugural Northern Trust Anchor Award, which will grant up to $1 million to one Chicago-based, innovative nonprofit organization to accelerate its growth and positive impact.
  • The Anchor Award is a new facet to Northern Trust’s nearly 135-year history of ongoing philanthropic support.
  • “Northern Trust is committed to creating better financial futures for the communities where we live and work,” Chairman and Chief Executive Officer Michael O’Grady said.
  • “The Anchor Award continues our legacy of elevating change-making organizations.”
    Northern Trust has a long history of groundbreaking philanthropic support.

ReGen III Working with Northern Trust for Development of Voluntary Carbon Credit Ecosystem

Retrieved on: 
Monday, September 11, 2023
Market, Regen, Finnish III Corps (Continuation War), FSE, Carbon, Minimum Viable Product, Digital asset, MVP, Ecosystem, Greenhouse, Cryptocurrency, Northern Trust

Fully digital platform allows purchasers to transact tokenized carbon credits directly with project developers, such as ReGen III, and retire these against their carbon footprint

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 11, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce its participation in the development of a voluntary carbon credit ecosystem developed by Northern Trust ("NTRS").
  • We look forward to leveraging the platform to connect with institutional buyers of voluntary carbon credits," states Greg Clarkes, CEO of ReGen III.
  • Justin Chapman, global head of Digital Assets and Financial Markets at Northern Trust, said, "We are grateful to ReGen III and our other project developers for helping us reach this successful MVP milestone which lays the foundation for the development of an industry-wide voluntary carbon credit ecosystem, providing confidence and transparency through the lifecycle of a carbon credit transaction."
  • Northern Trust's ecosystem utilizes private ledger digital blockchain technology to connect institutional buyers with carbon credit suppliers who are focused on solutions to reduce greenhouse gases including carbon dioxide.

Zodia Custody to Provide Institutional Support and Custody Services for the Polkadot Ecosystem

Retrieved on: 
Wednesday, September 13, 2023
Professional Services, Blockchain, Technology, Cryptocurrency, Web3, Finance, Digital Cash Management, Digital Assets, Partnership, Custody, Standard Chartered, Multimedia, Parity, VASP, DOT, FCA, Growth, Ecosystem, SBI Group, Northern Trust, Polka dot

The partnership will enable institutional access to the Polkadot ecosystem and in the longer term, broaden the Polkadot ecosystem’s institutional adoption via joint research and development initiatives.

Key Points: 
  • The partnership will enable institutional access to the Polkadot ecosystem and in the longer term, broaden the Polkadot ecosystem’s institutional adoption via joint research and development initiatives.
  • View the full release here: https://www.businesswire.com/news/home/20230913154338/en/
    The partnership’s first major implementation will see Zodia Custody provide custody services for the Polkadot ecosystem, enabling secure market access and bank-grade digital asset custody services for financial institutions.
  • “It will allow financial institutions to actively participate in the Web3 future being built on Polkadot, and will also help the Polkadot ecosystem to engage directly with institutions.
  • Zodia Custody will also support various Parity and Polkadot global initiatives.