Northern Trust launches buy-side performance reporting tools

The firm is using new technologies to provide a suite of investment analytics tools for its global institutional clients.

Northern Trust has launched a new suite of investment analytics tools to provide its global institutional clients insights when tracking and analysing risk and performance.

The new tools, developed by Northern Trust’s Investment Risk and Analytical Services (IRAS) group, includes the introduction of Performance RADAR, a new proprietary reporting tool for accessing performance, attribution, contributions and ex-post risk results online across individual and aggregated portfolios.

“Performance RADAR allows asset owners and asset managers to amalgamate and synthesise large amounts of complex data though flexible visualisation tools,” said Serge Boccassini, product lead, investment accounting and analytic solutions, Northern Trust. “Our clients can find information quickly using powerful graphics and intuitively compare performance results. The result is that we provide clients with greater insights into their analytics – faster and more efficiently than ever before.”

The Chicago-based custodian stated it is leveraging new technologies to deliver more efficient processing and content integration, alongside enhanced visualisation capabilities. Last year it launched the Compliance RADAR, offering clients investment guideline compliance workflow and reporting capabilities.

“Compliance RADAR has been very well received by our clients and the introduction of Performance RADAR is another key milestone in the execution of our user-focused digital strategy,” added Hollis Otero, head of corporate and institutional product and solutions, Northern Trust.

Northern Trust’s IRAS group provides asset owners and asset managers around the world with innovative analytical solutions, supporting over $5 trillion in assets under measurement.