Northern Trust Automates Regulatory Reporting With Confluence

Confluence provides asset manager clients with automation capabilities for financial and regulatory reporting amid growing pressure and shrinking industry-wide headcount.

Regulation

Northern Trust is leveraging Confluence, a provider of cloud-based software and technology solutions to asset managers, to automate financial and regulatory reporting for its European asset management clients.

Northern Trust is using Confluence’s Unity Financial Reporting offering to automate the building of statements and holdings reports, while working upon its broader platform, Unity NXT Regulatory Reporting, to automate the sourcing and aggregation of data for clients’ regulatory reporting.

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