Northern Trust makes strategic investment in Equity Data Science Thursday, February 11, 2021 Opalesque Industry Update - As part of its continuing strategy to provide integrated services and technology across the investment lifecycle, Northern Trust has reached an agreement to take an equity stake in Equity Data Science, Inc. (EDS), a cloud-based analytics platform that provides decision support tools to asset managers for idea generation, portfolio construction and risk management.
The deal integrates EDS decision support tools with Northern Trust s core technology platforms to provide highly specialized and innovative solutions to the most sophisticated institutional investors across the globe. The investment is an extension of Northern Trust Whole Office, an approach that integrates Northern Trust s architecture alongside innovative partners, facilitating client access to new technologies, services and solutions.
New data science capabilities optimize decision-support for institutional investors As part of its continuing strategy to provide integrated services and technology across the investment lifecycle
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Northern Trust Announces Further Alliance as Part of Whole Office Strategy
February 8, 2021 GMT
LONDON (BUSINESS WIRE) Feb 8, 2021
As part of its continuing strategy to serve client needs across the entire investment lifecycle, Northern Trust has entered into an alliance with
IHS Markit, provider of the
thinkFolio multi-asset class investment management platform, achieving a further significant milestone in its drive to streamline investment operations for asset managers and asset owners.
The certified integration between thinkFolio and Northern Trust’s middle office outsourcing platform will provide opportunities for both firms to offer mutual institutional clients innovative solutions and services leveraging one another’s strengths across the investment value chain.
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Pete Cherecwich, president of Northern Trust Asset Servicing, said the Covid-19 pandemic has accelerated digital transformation and the whole industry is moving at light speed.
Northern Trust Asset Servicing provides asset servicing, investment management, banking and related services to institutional clients worldwide.
Pete Cherecwich, Northern Trust
Cherecwich told Markets Media: “The pandemic has accelerated digital transformation and put a focus on efficiencies and costs. The whole industry is moving at light speed.”
One of the methods that asset management and asset owners clients are using to become more efficient and save costs is to focus on their investment process while outsourcing trading. Northern Trust provides outsourced trading through its Integrated Trading Solutions business which provides trading in equities, fixed income and foreign exchange together with a fully integrated middle and back office service to lower risk, mana