NTRS

Northern Trust Names Gary Paulin Head of International Enterprise Client Solutions

Retrieved on: 
Thursday, March 21, 2024

Northern Trust (NASDAQ: NTRS) today announced it has appointed Gary Paulin to the newly created role of Head of International Enterprise Client Solutions.

Key Points: 
  • Northern Trust (NASDAQ: NTRS) today announced it has appointed Gary Paulin to the newly created role of Head of International Enterprise Client Solutions.
  • View the full release here: https://www.businesswire.com/news/home/20240319913821/en/
    Gary Paulin, Head of International Enterprise Client Solutions at Northern Trust (Photo: Business Wire)
    Paulin will focus on strengthening relationships with key Northern Trust clients across Europe, Middle East, Africa and Asia Pacific at the highest levels of their organisations, creating synergies and facilitating access to the bank’s asset servicing and asset management solutions.
  • “Our clients face diverse challenges from cost to performance to reporting and beyond.
  • Paulin will continue to write The Weekender , which offers a weekly perspective on global market developments and their potential broader implications.

Border To Coast Pensions Partnership Limited Reappoints Northern Trust as its Asset Servicing Provider

Retrieved on: 
Thursday, February 29, 2024

Northern Trust (Nasdaq: NTRS) today announced it has been re-appointed by Border To Coast Pensions Partnership Limited (Border To Coast) to provide a range of asset servicing solutions spanning fund administration, custody, brokerage, securities lending and depositary services.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announced it has been re-appointed by Border To Coast Pensions Partnership Limited (Border To Coast) to provide a range of asset servicing solutions spanning fund administration, custody, brokerage, securities lending and depositary services.
  • Established as a regulated asset manager in 2018, Border To Coast has grown to be one of the largest pension pools in the United Kingdom.
  • Fiona Miller, Deputy Chief Executive Officer at Border To Coast Pensions Partnership Limited comments: “Northern Trust has been instrumental in supporting our growth through the extension of services into more innovative asset classes, and continues to deliver change whilst maintaining high integrity on daily delivery.
  • “This reappointment underscores our unwavering commitment to the LGPS sector and the wider UK retirement industry.

Northern Trust Appointed by Sanlam Asset Management (Ireland) Limited

Retrieved on: 
Thursday, February 22, 2024

Northern Trust (Nasdaq: NTRS) announces today that it is providing Sanlam Asset Management (Ireland) Limited (SAMI) with fund administration, transfer agency, custody, depositary and FX services.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announces today that it is providing Sanlam Asset Management (Ireland) Limited (SAMI) with fund administration, transfer agency, custody, depositary and FX services.
  • These funds are managed in conjunction with Sanlam’s London-based boutique asset management business, Sanlam Investments UK, its South African-based asset management business, Sanlam Investments and independent third-party managers.
  • Northern Trust is now serving as the single provider of asset servicing solutions for these funds.
  • The appointment builds upon an existing relationship between Sanlam Investments UK and Northern Trust as a client of its Integrated Trading Solutions outsourced trading desk.

True Potential Appoints Northern Trust for Asset Servicing Solutions

Retrieved on: 
Friday, January 19, 2024

Northern Trust (Nasdaq: NTRS) today announces it has been appointed to provide asset servicing solutions to True Potential, a United Kingdom (UK)-headquartered wealth management firm, supporting GBP26 billion (approx.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announces it has been appointed to provide asset servicing solutions to True Potential, a United Kingdom (UK)-headquartered wealth management firm, supporting GBP26 billion (approx.
  • US$33bn) of its assets under management (source: True Potential, 17 January 2024).
  • Northern Trust is providing fund accounting, custody, depositary and transfer agency services to True Potential’s open-ended investment company (OEIC) UK-domiciled fund range.
  • Its investment products include the True Potential Wealth Strategy Funds – aimed at helping clients manage wealth in a simple solution – and True Potential Portfolios, a suite of diversified, discretionary-managed investment solutions.

Northern Trust Appointed to Provide Integrated Trading Solutions to Waverton Investment Management

Retrieved on: 
Thursday, December 14, 2023

Northern Trust (Nasdaq: NTRS) today announces that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announces that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients.
  • Northern Trust is supporting the trading of equities, derivatives and fixed income assets as Waverton’s sole provider of trading services.
  • Northern Trust continually innovates and invests in technology in support of its clients, delivering a differentiated approach to trading that includes ITS, offered through Institutional Brokerage.
  • Both are part of Northern Trust Capital Markets, which also provides foreign exchange, securities lending and transition management services.

Northern Trust Announces Dane Fannin will Spearhead its Global Foreign Exchange Business

Retrieved on: 
Wednesday, August 23, 2023

Northern Trust (Nasdaq: NTRS) today announced Dane Fannin will lead its growing Global Foreign Exchange business, expanding his Securities Finance role.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announced Dane Fannin will lead its growing Global Foreign Exchange business, expanding his Securities Finance role.
  • As global head of Global Foreign Exchange (GFX) and Securities Finance, Fannin, who joined Northern Trust in 2006, will be responsible for the continued technology innovation and business growth across the suite of GFX and Securities Finance solutions.
  • He reports to Guy Gibson, executive vice president and global head of Capital Markets, Banking & Treasury Services.
  • Prior to assuming his role as global head of Securities Finance, Dane was head of Capital Markets Asia-Pacific.

Brightwell Reappoints Northern Trust for Investment Operations Outsourcing Services

Retrieved on: 
Thursday, June 1, 2023

Northern Trust (Nasdaq: NTRS) today announces it has been reappointed by United Kingdom (UK) defined benefit (DB) pension scheme manager Brightwell as its provider of investment operations outsourcing services.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announces it has been reappointed by United Kingdom (UK) defined benefit (DB) pension scheme manager Brightwell as its provider of investment operations outsourcing services.
  • Brightwell, formerly known as BT Pension Scheme Management, is the primary service provider to the BT Pension Scheme (BTPS).
  • Brightwell has also this year begun offering its capabilities across member services, advisory and funding and fiduciary services to other like-minded DB schemes alongside BTPS.
  • Peter James, chief investment administration officer at Brightwell, said: “As our longstanding provider of asset servicing solutions, Northern Trust’s capabilities support our focus on delivering sustainable funding, investment solutions and member services to UK pension scheme clients to help them reach their endgame objectives.

Northern Trust Adds Mobile Access to Front Office Solutions Platform

Retrieved on: 
Wednesday, April 12, 2023

Northern Trust (Nasdaq: NTRS) today announced it has expanded accessibility to its Front Office Solutions platform for asset owners and other institutional investors with a new mobile application for Android and iOS users.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announced it has expanded accessibility to its Front Office Solutions platform for asset owners and other institutional investors with a new mobile application for Android and iOS users.
  • The Front Office Solutions mobile application enables clients to seamlessly access the information they need, wherever they are.
  • “Allocators are seeking ways to optimize the time they spend managing their research process on the road,” said John Turney, head of Front Office Solutions.
  • Front Office Solutions will continue to add functionality in the new app through planned future releases.

Northern Trust Appointed Custodian for 2.3 Billion Euro Stichting Pensioenfonds Openbare Bibliotheken

Retrieved on: 
Wednesday, March 29, 2023

Northern Trust (Nasdaq: NTRS) today announced it has been appointed by Dutch pension scheme, Stichting Pensioenfonds Openbare Bibliotheken (POB), to provide global custody and compliance monitoring services.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announced it has been appointed by Dutch pension scheme, Stichting Pensioenfonds Openbare Bibliotheken (POB), to provide global custody and compliance monitoring services.
  • POB’s mission is to deliver a financially sustainable and future-proof pension scheme.
  • “We are clear on our ambitions to remain an independent and future-proofed scheme,” Margreet Teunissen, chair of the board of POB said.
  • “We are pleased to have Northern Trust as our long-term strategic partner to help us achieve our goals.

Northern Trust and EDS announce new collaboration with UK-based asset manager Redwheel

Retrieved on: 
Tuesday, March 7, 2023

Northern Trust (Nasdaq: NTRS) today announced that UK-based asset manager Redwheel is now using its data aggregation tool, developed by its strategic partner, Equity Data Science, Inc., to enhance ESG integration across its investment business.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announced that UK-based asset manager Redwheel is now using its data aggregation tool, developed by its strategic partner, Equity Data Science, Inc., to enhance ESG integration across its investment business.
  • The data aggregation tool leverages data science to help increase data accessibility while generating efficiencies and enhancing collaboration between Redwheel’s investment teams and its core business functions.
  • “The insights we can derive from Northern Trust and EDS’ data aggregation tool enable us to use ESG data more effectively.
  • Partnering with EDS to launch the ESG workflow solution was a significant step forward for us and our clients,” said Paul Fahey, Head of Investment Data Science at Northern Trust Asset Servicing.