Latest news with #IntegratedTradingSolutions
Business Wire
12 hours ago
- Business
- Business Wire
Northern Trust to Provide Integrated Trading Solutions for North Dakota Retirement and Investment Office
CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced an expansion of its long-standing relationship with the North Dakota Retirement and Investment Office (NDRIO) to include outsourced trading services, supporting the agency's strategy to bring more of its State Investment Board's (SIB) asset management in-house. Outsourced trading is offered through Northern Trust Banking & Markets, which also provides foreign exchange, securities lending and transition management services. Building on a partnership that began with custody services in 1990, NDRIO will leverage Northern Trust's Integrated Trading Solutions (ITS) platform to enhance trading efficiency and execution coverage for assets that will be managed by the agency rather than external investment firms. NDRIO manages investments for more than two dozen SIB client funds, the largest being the $12 billion North Dakota Legacy Fund, Public Employees Retirement System, Teachers' Fund for Retirement, and Workforce Safety & Insurance Fund. 'At Northern Trust, we work closely with asset owner clients as they evolve to fulfill their missions and serve their constituents,' said Melanie Pickett, Head of Asset Servicing, Americas. 'We've had the privilege of working with NDRIO for more than 35 years and we are honored to be an extension of their team, providing an efficient and scalable outsourced trading and operations platform to support their investment strategy.' 'NDRIO is at a pivotal and exciting stage in its evolution as we continue to build scale and enhance our internal investment platform to better serve the SIB's diverse client funds,' said Chief Investment Officer Scott M. Anderson. 'Our partnership with Northern Trust reflects a deliberate move to align with a provider that brings deep expertise in trading, settlement, and operational excellence. Their demonstrated capabilities are integral to our strategy, enabling us to operate with greater efficiency, reliability, and scalability as we bring more assets in-house.' Northern Trust's outsourced trading capability combines worldwide agency-only trading expertise in equities, fixed income and exchange traded derivatives across global markets, coverage from multiple trading locations, access to high-quality liquidity and a fully integrated middle and back-office service. ITS helps asset owners and asset managers to meaningfully lower costs, reduce risk, manage regulatory compliance and enhance transparency and operational efficiency. ITS is offered through Institutional Brokerage, a part of Northern Trust Banking & Markets, which also provides foreign exchange, securities lending and transition management services. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2025, Northern Trust had assets under custody/administration of US$18.1 trillion, and assets under management of US$1.7 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at
Business Wire
2 days ago
- Business
- Business Wire
Gravis Advisory Selects Northern Trust to Support its OEIC Fund Range
LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) has been appointed to provide asset servicing solutions to Gravis Advisory Limited (Gravis) for its open-ended investment company (OEIC) fund range in the United Kingdom (UK). Gravis is an independently managed UK-based asset manager specializing in infrastructure, real estate, and private credit investments. It has £2.3 billion (approximately US$3.1 billion) in assets under management (as of 31 March 2025), with an approach focused on opening-up sectors that many investors may find hard to access, while generating dependable cash flows and long-term predictable income for clients. Building on its investments in hospitals, schools and student accommodation, Gravis has expanded into increasingly important areas, such as renewable energy generation, logistics and data centers, to name but a few. Morag Law, head of Legal and Operations at Gravis, said: 'Northern Trust's significant footprint in the UK funds industry, comprehensive solution set and cultural fit with Gravis were among the reasons for this appointment. We create efficiencies by streamlining service provision for our OEIC funds, increase access to funds industry expertise, and support our mission of aiming to provide investors with steady returns.' Northern Trust will provide fund administration, global custody, depositary, transfer agency and outsourced trading via Integrated Trading Solutions for Gravis' five OEICs. Laurence Everitt, head of Global Fund Services, UK, at Northern Trust, said. 'We are excited that Gravis has appointed us to support their approach of helping investors access infrastructure and related asset classes. Northern Trust's range of solutions – from optimizing clients' trading through to delivering post-trade reporting, valuation, and investor servicing – helps them enhance efficiency, resilience, oversight, and control across their operating models. We support their focus on managing investments and achieving further scalable growth.' Northern Trust offers clients a complete set of services including fund administration, global custody, investment operations outsourcing and data solutions to global investment managers – supporting a range of complex investment strategies across the full spectrum of asset classes. About Northern Trust Banking & Markets Northern Trust Banking & Markets is comprised of a number of Northern Trust entities that provide trading and execution services on behalf of institutional clients, including foreign exchange, institutional brokerage, securities finance and transition management services. Foreign exchange, securities finance and transition management services are provided by The Northern Trust Company (TNTC) globally, and Northern Trust Global Services SE (NTGS SE) in the European Economic Area (EEA). Institutional Brokerage services including ITS are provided by NTGS SE in the EEA, Northern Trust Securities LLP (NTS LLP) in the rest of EMEA, Northern Trust Securities Australia Pty Ltd (NTSA) in APAC and Northern Trust Securities, Inc. (NTSI) in the United States, member FINRA, SIPC and a subsidiary of Northern Trust Corporation. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2025, Northern Trust had assets under custody/administration of US$18.1 trillion, and assets under management of US$1.7 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at About Gravis Gravis was established in 2008 and floated its first investment company, a UK listed provider of debt for UK infrastructure projects, in 2010. Subsequently, it has launched a student accommodation REIT, which has since been taken private, another investment company and five OEICs focused on listed UK infrastructure, clean energy, listed UK real estate investment trusts, and digital infrastructure. Gravis entered into a strategic partnership with ORIX Corporation in February 2021 and is authorised and regulated in the UK by the Financial Conduct Authority.
Yahoo
27-05-2025
- Business
- Yahoo
Fixed Income Activity Drives Northern Trust's Outsourced Trading Business Growth
CHICAGO, May 27, 2025--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that its Integrated Trading Solutions (ITS) outsourced trading business has continued to experience strong growth, with its client base increasing by nearly 17% from year-end 2023 to the end of the first quarter, 2025. The growth has been driven by an increase in demand for fixed income outsourced trading as well as asset managers looking to reduce costs in a challenging market environment. ITS has observed impressive growth in fixed income trading from a multitude of different client profiles – ranging from traditional asset managers to hedge funds, public and corporate treasurers, and other asset owners. ITS fixed income trading volume quadrupled in the last three years in the U.S. while doubling in EMEA as clients looked to add exposure across investment grade and high yield credit, U.S. Treasuries, developed rates and emerging market debt, municipals, money markets, asset-backed and securitized products. ITS provides a global outsourced trading solution that covers multiple asset classes and offers 24/6 market coverage in more than 80 markets. Through ITS, Northern Trust's clients can access a large global network of more than 450 brokers, including global firms and local specialists in equities, fixed income, and derivatives. Amy Thorne, Head of Integrated Trading Solutions, EMEA, said: "As one of the first custodians to offer outsourced trading capabilities, we're gratified to see the growing demand for our Integrated Trading Solutions. As we continue to expand, we're committed to delivering tailored outsourced trading experiences that meet our clients' needs." Stephanie Farrell, Head of Integrated Trading Solutions, Americas, said: "Our ITS offering continues to build upon Northern Trust's foundation of strength and stability, and clients value the combination of consultative service and global capabilities we offer. As a pioneer in outsourced trading, we continue to be a leader in this industry, delivering solutions that help our clients succeed." Rob Arnott, Head of Brokerage, Asia Pacific, said: "Our growth in the APAC region and expansion into fixed income trading allows Northern Trust to better serve our clients with advanced trading technology, regional expertise, and experienced traders. Our solutions-oriented approach helps our clients navigate trading complexities more effectively." Northern Trust's outsourced trading capability combines worldwide agency-only trading expertise in equities, fixed income and exchange traded derivatives across global markets, coverage from multiple trading locations, access to high-quality liquidity and a fully integrated middle and back-office service. ITS helps asset owners and asset managers to meaningfully lower costs, reduce risk, manage regulatory compliance and enhance transparency and operational efficiency. ITS is offered through Institutional Brokerage, a part of Northern Trust Banking & Markets, which also provides foreign exchange, securities lending and transition management services. About Northern Trust Banking & Markets Northern Trust Banking & Markets is comprised of a number of Northern Trust entities that provide trading and execution services on behalf of institutional clients, including foreign exchange, institutional brokerage, securities finance and transition management services. Foreign exchange, securities finance and transition management services are provided by The Northern Trust Company (TNTC) globally, and Northern Trust Global Services SE (NTGS SE) in the European Economic Area (EEA). Institutional Brokerage services including ITS are provided by NTGS SE in the EEA, Northern Trust Securities LLP (NTS LLP) in the rest of EMEA, Northern Trust Securities Australia Pty Ltd (NTSA) in APAC and Northern Trust Securities, Inc. (NTSI) in the United States, member FINRA, SIPC and a subsidiary of Northern Trust Corporation. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2025, Northern Trust had assets under custody/administration of US$16.9 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at View source version on Contacts Media Contacts Europe, Middle East, Africa & Asia-Pacific: Camilla Greene+44 (0) 20 7982 2176Camilla_Greene@ Simon Ansell+ 44 (0) 20 7982 1016sa777@ US & Canada: John O'Connell+1 312 444 2388John_O'Connell@
Yahoo
03-03-2025
- Business
- Yahoo
Brickwood Asset Management Selects Northern Trust for Asset Servicing Solutions
Chosen by UK Boutique Manager as Single Strategic Provider for Front-to-Back Office Solutions LONDON, March 03, 2025--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) has been appointed by UK asset management boutique Brickwood Asset Management to provide Whole Office asset servicing solutions spanning front, middle and back-office functions. Brickwood Asset Management is an independent UK-based asset management boutique, which has a dedicated focus on value investing. The firm was founded in 2024 by experienced equity fund manager Ben Whitmore, who has a track record spanning more than 30 years, most recently at Jupiter Asset Management. Whitmore is a co-founder of the business alongside partners Claudia Ripley, Dermot Murphy and Kevin Murphy. Claudia Ripley, chief executive officer at Brickwood Asset Management, said: "Partnering with Northern Trust supports our ambitions to grow our business and scale our distribution. It will help us meet all operational requirements, from digitising our investment process through to supporting our trading, risk management and investor reporting, through a single provider." Solutions to be provided across Brickwood Asset Management's front-to-back office functions include Northern Trust's investment data science partnership with Equity Data Science to help it digitise, institutionalise and continually optimise its investment process, as well as outsourced trading via Integrated Trading Solutions and a range of middle office services. Further core services include fund administration, global custody, client reporting and performance management. Laurence Everitt, head of Global Fund Services, UK at Northern Trust, commented: "The Brickwood Asset Management team's exceptional track record, ambitious plans and focus on implementing a scalable operating model to accommodate evolution and growth is something we're really excited about. Our Whole Office strategy brings benefits for our client throughout their investment chain – supporting decision-making, speed-to-market, and competitiveness – while complementing the team's core focus on managing money on behalf of its clients." About Northern Trust Banking & Markets Northern Trust Banking & Markets is comprised of a number of Northern Trust entities that provide trading and execution services on behalf of institutional clients, including foreign exchange, institutional brokerage, securities finance and transition management services. Foreign exchange, securities finance and transition management services are provided by The Northern Trust Company (TNTC) globally, and Northern Trust Global Services SE (NTGS SE) in the European Economic Area (EEA). Institutional Brokerage services including ITS are provided by NTGS SE in the EEA, Northern Trust Securities LLP (NTS LLP) in the rest of EMEA, Northern Trust Securities Australia Pty Ltd (NTSA) in APAC and Northern Trust Securities, Inc. (NTSI) in the United States, member FINRA, SIPC and a subsidiary of Northern Trust Corporation. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2024, Northern Trust had assets under custody/administration of US$16.8 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at View source version on Contacts Media Contacts Europe, Middle East, Africa & Asia-Pacific: Camilla Greene+44 (0) 20 7982 2176Camilla_Greene@ Simon Ansell+ 44 (0) 20 7982 1016Simon_Ansell@ US & Canada: John O'Connell+1 312 444 2388John_O'Connell@
