Northern Trust appoints new chief technology officer for EMEA
Former Deutsche Bank and Goldman Sachs executive to lead the enterprise technology business unit across EMEA at Northern Trust as new CTO.
Tag: Northern Trust
Banks see demand for outsourced trading desks surge during pandemic
The global pandemic is likely to cause a spike in outsourcing and according to custodian banks the biggest trend so far has been towards their outsourced trading services.
Genesis Investment Management outsources execution to Northern Trust
Neil Dacey, head of trading at Genesis Investment Management, has joined the Northern Trust trading desk to oversee emerging markets as part of the deal.
Northern Trust expands global FX sales team with two US hires
David Byne and William Hartlett join the sales team for the global foreign exchange solutions business at Northern Trust for North America.
Buy-Side
Hedge fund Ardevora to shut trading desk and outsource execution to Northern Trust
Ardevora Asset Management will shut its internal trading desk as of April next year with head of trading, Neil Bond, expected to leave around the same time.
US asset managers reaching ‘tipping point’ to outsource front-office, says Northern Trust
Custodians are aiming to evolve their outsourcing business model and leverage new technology to accommodate front-office solutions.
HSBC, Societe Generale, BNY Mellon and others fined $6 million for swaps violations
The US CFTC also fined NatWest Markets, PNC Bank and Northern Trust for reporting and risk management regulation failures.
Northern Trust wins front-office and MiFID II reporting mandate for $2 billion asset manager
CTIM will use Northern Trust’s Integrated Trading Solutions for trade execution, matching and settlement services.
Northern Trust deploys machine learning for securities lending
Northern Trust will leverage machine learning to project demand for equities in the securities lending market and grow revenues.
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.