Northern Trust Develops Google-Inspired Pricing Engine

The new service for traders employs time series analysis to forecast rates for securities lending.


Northern Trust has developed a pricing engine that uses machine learning and statistical analysis techniques to forecast loan rates in the securities lending markets.

“For this project, our data scientists applied a time series algorithm to the problem of securities lending. Specifically, we have used some techniques inspired by Google technologies,” Chris Price, a specialist enterprise architect at Northern Trust, says.

Time series analysis harnesses a set of machine learning and statistical

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: