Northern Trust expands OTC derivatives aid

Northern Trust, the Chicago- based buy-side firm with $756 billion under management, has expanded its OTC derivatives coverage to include independent valuations of a range of derivatives for its custody, fund administration and investment operations outsourcing clients. The firm can now connect to third-party providers of OTC derivatives valuations, using a system of tolerance checks to achieve optimum pricing and performance measurement for complex financial instruments. The initiative also

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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