Northern Trust Launches Historical Corporate Actions Reporting Service
The service uses Scorpeo’s technology and calculates missed value
Robert Angel, head of product and regulatory solutions at Northern Trust, tells WatersTechnology the service gives clients a bigger picture of their investments.
"The process is simple," says Angel. "We send the holdings of their funds to Scorpeo, which uses their technology to analyze and send the data back to us. Northern Trust will then create the report and distribute it to clients through an internal web portal."
According to Scorpeo, the reports can be provided on a pre-scheduled basis
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