Northern Trust
Getting a Grip On The Investment Book of Record
Accurate start-of-day positions are essential for the successful operation of the front office, but are not always immediately available. Nicholas Hamilton discovers how an investment book of record can be used to ensure portfolio managers and traders…
Front-Office Data Focus Spurs IBOR Push
Data management and aggregation are perennial challenges for all market participants. But for buy-side firms, elements of these disciplines have crystallized into an Investment Book of Record—an overview combining position-level data, cash flows,…
Risk, Cost and Geographical Concerns Limit Shorter Settlement Moves
As Europe moves towards T+2, or settling two days after trade date, moves to further shorten settlement cycles are unlikely to be mandated by regulators, panelists and attendees at the FPL EMEA Trading Conference said last week.
Optimize: The How and Who
Collateral optimization is a reality for a few institutions, an attainable goal for a few others, and a pipe dream for the rest. In the second part of his feature on optimization, Jake Thomases checks in on who is optimizing and who isn’t, and on what an…
AIFMD: No Alternative to Harmonization
With the Level 2 measures of the Alternative Investment Fund Managers Directive now published, managers and third-party providers are analyzing whether they have all the data and technology they need for compliance
Northern Trust Adds Risk, Performance Info to Data Direct Platform
Northern Trust announced that it is adding additional risk and performance data that will allow institutional and wealth management clients to make more informed comparisons through its Data Direct offering.
Optimize: The Whens and the Whys
Collateral optimization systems are coming into vogue as a means of handling some of the obligations of Dodd–Frank and EMIR. In part one of a two-part feature, Jake Thomases examines exactly what about the current market is prompting the adoption, and…
Bridgewater Taps Northern Trust for Hedge Fund Servicing
Bridgewater Associates has selected Northern Trust for hedge fund servicing as it tries to improve its middle- and back- office processes.
American Financial Technology Awards 2012: The Winners and Why They Won
The American Financial Technology Awards, now in their eighth year, seek to acknowledge the best IT projects, driven by buy-side and sell-side end-users themselves. Waters congratulates this year’s winners.
American Financial Technology Awards 2012: Best Reporting Initiative — Northern Trust
Often, the best IT implementations are paradoxically those that reduce users’ reliance on IT. When Northern Trust went looking to replace its legacy enterprise reporting system, this was exactly what the firm was trying to achieve. As Dan Houlihan, head…
Northern Trust Brings on Grady for Fund Services
Chicago-based Northern Trust has hired longtime State Street employee Nancy Grady as head of fund administration and fund accounting for North America.
Waters Announces 2012 American Financial Technology Awards Winners
Last night, Waters hosted the eighth annual American Financial Technology Awards banquet, following the Waters USA conference, at the New York Marriott Marquis in Times Square.
Wells Fargo Exec: Some Hedge Funds Uncomfortable With Vendors' Evaluated Prices
A valuations executive at the fund administrator told delegates at this week's Frankfurt Financial Information Summit that although pricing and valuations vendors believe they have become much more transparent, some hedge funds are still not comfortable…
Euroclear To Launch Online Service For Corporate Actions
EasyWay has been developed in close collaboration with five financial firms and will provide users with a consolidated view of corporate actions data, including uninstructed balances, pending instructions and tri-party collateral
Price, Value, Track: Data the Missing Link in Reformed Swaps Execution
The industry is rapidly confronting swap execution facilities (SEFs), but initiatives surrounding lesser-traded contracts and standardization are required to bring to the swaps market true transparency.
Is The Pricing Right?
Pricing and valuations professionals are starting to advocate the value of spending to ensure transparency of data sourcing
Keeping Solvency II Solvent
The final report on the disclosure and reporting requirements for Solvency II has provided some clarification, but it also highlighted new data management challenges, writes Nicholas Hamilton
Glickman Brings Together Custody and Hedge Fund Admin at Northern Trust
Coming from GlobeOp, Glickman will specialize in developing bespoke solutions in Northern Trust's hedge fund services.
Northern Trust Taps Kearny for Asset Servicing in Western US
He joins the firm from Korte & Associates.
Summertime Blues
The reference data operations industry braces itself for the next wave of regulation represented by Solvency II
Steps To Solvency II
In a webcast hosted by Inside Reference Data on June 15, speakers established the pillars required for compliance with the European capital adequacy and risk regulation. Michael Shashoua reports
Insurers Must Check Custodians' Plans For Solvency II, Says Northern Trust Exec
Northern Trust's Andrew Melville says insurance companies should not assume their asset managers can provide them with the asset data needed for Solvency II reporting, and should check how their custodians and administrators can help them to comply