Northern Trust to install GIPS platform in outsourcing deal

LONDON – Northern Trust, one of the world's largest private banking, asset management and asset servicing firms, with around $600 billion under management and $2.9 trillion under custody, is implementing PerformaGlobal, a Global Investment Performance Standards (GIPS)-compliant performance management platform from Performa. The contract will allow Northern Trust to offer its outsourcing clients GIPS-compliant performance reports, which long-only asset managers are increasingly using as part of

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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