Northern Trust Enables Audit Access for Private Equity Blockchain

The enhancement aims to enable real-time auditing of private equity firms and add transparency into the process.

nodes blockchain distributed ledger
Getty Images

The bank’s blockchain, developed with input from PwC Channel Islands and other Guernsey-based auditing firms, allows companies to gain access to information via the blockchain and perform real-time auditing. Audit companies have the ability to move the data to internal applications or to build their own tools to act on information from the blockchain.

Peter Cherecwich, president of corporate and institutional services at Northern Trust, says auditors do already have access to a private equity

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

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.

Waters Wrap: Inside the mind of the CTO

After having one-on-one conversations with eight different senior bank technologists, Anthony explains how these execs look at innovation strategy from a philosophical perspective.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here