Explore Northern Trust’s fund accounting and data tools for clients.

TLDR:

Key Points:

• Northern Trust is offering internal fund accounting and data tools to clients to enhance oversight and transparency.
• The objective is to help asset managers meet regulatory obligations and improve the investor experience.

Custodian bank Northern Trust is developing tools to provide better oversight and transparency in the services it offers to buy-side clients. This effort is driven by regulations and a mandate to enhance quality and transparency to benefit investors. The bank aims to help asset managers meet their obligations to regulators and their end investors by prioritizing conversations around oversight and transparency. By offering internal fund accounting and data tools, Northern Trust aims to provide a solution for buy-side firms looking to improve their oversight of third-party providers and enhance the overall investor experience.