Northern Trust
Simm May Come with a Side Benefit—A Common Data Standard
Buy-side firms using AcadiaSoft for Simm calculations must adopt the ORE XML data format.
This Week: MEMX, Bloomberg, Finos, BNY Mellon, IHS Markit & More
Highlights from the past week's financial technology news.
Buy Side Eyes Outsourced Trading Amid Covid Disruption
Pressure on trading continuity drives in-house desks to look outwards
Fuzzy Data Stalls ESG Alpha Hunt
Quants searching for ESG signals have reached very different conclusions. Mostly they blame the data.
Blockchain in the Capital Markets: Slow Progress in 2019
While real blockchain rollouts are still few and far between, some firms made progress in 2019. Here are 18 projects in some stage of development.
As Public Cloud Gains Traction, Concerns & Challenges Grow
WatersTechnology looks at more than 20 cloud-based projects and initiatives to see how banks, asset managers and vendors are embracing public providers, and the inherent problems involved.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
Northern Trust Launches North American Outsourced Trading Desk
Northern Trust is doubling down on outsourced trading as asset managers face more margin pressures.
Northern Trust Develops Google-Inspired Pricing Engine
The new service for traders employs time series analysis to forecast rates for securities lending.
Northern Trust Looks to Facial Recognition for KYC
The firm is experimenting with the technology, which is slowly being rolled out at retail banks and big tech companies.
Outsourcing Takes to the Front Office
Fee compression and regulations have forced some asset managers to rethink what is core to their business, including the trading desk. Enter the outsourced trading desk.
Northern Trust Adopts Cloud DevOps Framework
Waters Europe: The firm has developed a recent front-office application in its DevOps cloud, but mustering the courage to invest in new tech and development processes is a consistent internal battle, says CIO.
Northern Trust Automates Regulatory Reporting With Confluence
Confluence provides asset manager clients with automation capabilities for financial and regulatory reporting amid growing pressure and shrinking industry-wide headcount.
Buy-Side Firms Turn to AI for Efficiency Amid Barriers to Adoption
Assuming that automated artificial intelligence holds the key to unlocking fragmented datasets, the absence of standardized models coupled with regulatory concerns remain barriers to adoption.
Wavelength Podcast Episode 160: Pete Cherecwich of Northern Trust
Pete talks about privacy and convenience—and where firms tend to get tripped up when walking this balance beam.
Northern Trust Promotes Burns to Head Funds Services
Industry veteran appointed to lead custody bank's US funds services business.
Banks and Buy-Side Firms Encounter Challenges with Public Cloud Adoption
Moving to the public cloud is not as simple as flipping a switch. Anthony Malakian speaks with early public cloud adopters to find out some of the lessons they’ve learned along the way.
Northern Trust Enlists St George to Slay Data Compliance Dragon
Prior to joining Northern Trust, St George has held senior data roles at CME Group, HyperFeed, and FutureSource
Northern Trust Aims to Automate Institutional Transfer Agency
This year the bank will roll out a new platform that uses an event-driven architecture to automate workflows in transfer agency.
Northern Trust Plans Wider Blockchain Rollout in 2019
The bank currently has two blockchain projects in train, for private equity and clearing.
The New Oil Rush: An Examination of the Alternative Data Market
Banks are looking to cash in on the alternative data boom, but an in-depth investigation of the alternative data market shows that they may be in for an uphill battle to claim territory.
Northern Trust Announces Outsourced Trading Capability
The product targets asset managers who are seeking lower costs and risk.