2Xideas Appoints Northern Trust for Integrated Trading Solutions
Northern Trust (Nasdaq: NTRS) has expanded its partnership with 2Xideas AG, a Switzerland-based investment firm managing approximately US$2bn in assets. The expansion includes Northern Trust's Integrated Trading Solutions (ITS), adding to the existing fund accounting, financial reporting, transfer agency, custody, and depositary services provided since 2022.
2Xideas, founded in 2013, focuses on liquid mid-cap stocks and manages four funds and several managed accounts. The firm will now utilize Northern Trust's outsourced trading capability exclusively. This move aims to streamline trading processes and provide access to Northern Trust's liquidity and scale, supporting 2Xideas' growth and client service objectives.
Northern Trust's ITS offers worldwide agency-only trading expertise, coverage from multiple locations, high-quality liquidity access, and integrated middle and back-office services. This solution helps asset managers reduce costs, manage risks, and enhance operational efficiency.
Northern Trust (Nasdaq: NTRS) ha ampliato la sua partnership con 2Xideas AG, una società di investimento con sede in Svizzera che gestisce circa 2 miliardi di dollari in attivi. L'espansione comprende le Soluzioni di Trading Integrate (ITS) di Northern Trust, aggiungendosi ai servizi di contabilità dei fondi, rendicontazione finanziaria, agenzia di trasferimento, custodia e servizi di deposito forniti dal 2022.
2Xideas, fondata nel 2013, si concentra su azioni liquide di media capitalizzazione e gestisce quattro fondi e diversi conti gestiti. La società utilizzerà ora esclusivamente la capacità di trading esternalizzato di Northern Trust. Questa mossa mira a semplificare i processi di trading e fornire accesso alla liquidità e alla scala di Northern Trust, sostenendo la crescita e gli obiettivi di servizio ai clienti di 2Xideas.
Le ITS di Northern Trust offrono un'esperienza di trading esclusivamente per agenzie a livello mondiale, copertura da più sedi, accesso a liquidità di alta qualità e servizi integrati di middle e back-office. Questa soluzione aiuta i gestori di attivi a ridurre i costi, gestire i rischi e migliorare l'efficienza operativa.
Northern Trust (Nasdaq: NTRS) ha ampliado su asociación con 2Xideas AG, una firma de inversión con sede en Suiza que gestiona aproximadamente 2 mil millones de dólares en activos. La expansión incluye las Soluciones de Trading Integradas (ITS) de Northern Trust, sumándose a los servicios existentes de contabilidad de fondos, informes financieros, agencia de transferencia, custodia y servicios de depósito proporcionados desde 2022.
2Xideas, fundada en 2013, se centra en acciones líquidas de mediana capitalización y gestiona cuatro fondos y varias cuentas gestionadas. La firma utilizará ahora exclusivamente la capacidad de trading externalizada de Northern Trust. Este movimiento tiene como objetivo agilizar los procesos de trading y proporcionar acceso a la liquidez y escala de Northern Trust, apoyando el crecimiento y los objetivos de servicio al cliente de 2Xideas.
Las ITS de Northern Trust ofrecen experiencia en trading únicamente para agencias a nivel mundial, cobertura desde múltiples ubicaciones, acceso a liquidez de alta calidad y servicios integrados de middle y back-office. Esta solución ayuda a los gestores de activos a reducir costos, gestionar riesgos y mejorar la eficiencia operativa.
Northern Trust (Nasdaq: NTRS)는 스위스에 본사를 둔 투자 회사인 2Xideas AG와의 파트너십을 확장했습니다. 2Xideas는 약 20억 달러의 자산을 관리하고 있습니다. 이번 확장은 Northern Trust의 통합 거래 솔루션(ITS)을 포함하며, 2022년부터 제공된 기존의 펀드 회계, 재무 보고, 전송 대행, 수탁 및 예치 서비스에 추가됩니다.
2013년에 설립된 2Xideas는 유동성 중형주에 집중하고 있으며, 네 개의 펀드와 여러 관리 계정을 운영하고 있습니다. 이 회사는 이제 Northern Trust의 외주 거래 기능을 독점적으로 활용합니다. 이는 거래 프로세스를 간소화하고 Northern Trust의 유동성과 규모에 접근할 수 있도록 하여 2Xideas의 성장과 고객 서비스 목표를 지원하기 위한 것입니다.
Northern Trust의 ITS는 전 세계 기관 전용 거래 전문성과 여러 지역에서의 커버리지, 고품질 유동성 접근 및 통합된 중간 및 후방 사무 서비스 등을 제공합니다. 이 솔루션은 자산 관리자들이 비용을 절감하고 위험을 관리하며 운영 효율성을 향상시키는 데 도움을 줍니다.
Northern Trust (Nasdaq: NTRS) a élargi son partenariat avec 2Xideas AG, une société d'investissement basée en Suisse et gérant environ 2 milliards de dollars d'actifs. L'extension inclut les Solutions de Trading Intégrées (ITS) de Northern Trust, s'ajoutant aux services de comptabilité de fonds, de reporting financier, d'agence de transfert, de garde et de services de dépôt fournis depuis 2022.
Fondée en 2013, 2Xideas se concentre sur les actions liquides de moyenne capitalisation et gère quatre fonds ainsi que plusieurs comptes gérés. La société utilisera désormais exclusivement la capacité de trading externalisée de Northern Trust. Ce mouvement vise à rationaliser les processus de trading et à offrir un accès à la liquidité et à l'échelle de Northern Trust, soutenant la croissance et les objectifs de service client de 2Xideas.
Les ITS de Northern Trust offrent une expertise mondiale en trading uniquement pour agences, une couverture depuis plusieurs emplacements, un accès à une liquidité de haute qualité et des services intégrés de middle et back-office. Cette solution aide les gestionnaires d'actifs à réduire les coûts, gérer les risques et améliorer l'efficacité opérationnelle.
Northern Trust (Nasdaq: NTRS) hat seine Partnerschaft mit 2Xideas AG, einer in der Schweiz ansässigen Investmentgesellschaft, die rund 2 Milliarden US-Dollar an Vermögen verwaltet, erweitert. Die Erweiterung umfasst die Integrated Trading Solutions (ITS) von Northern Trust und ergänzt die bestehenden Dienstleistungen in den Bereichen Fondsbuchhaltung, Finanzberichterstattung, Transferagentur, Verwahrung und Depotdienstleistungen, die seit 2022 erbracht werden.
2Xideas, gegründet im Jahr 2013, konzentriert sich auf liquide Mid-Cap-Aktien und verwaltet vier Fonds sowie mehrere verwaltete Konten. Das Unternehmen wird nun ausschließlich die ausgelagerte Handelskapazität von Northern Trust nutzen. Dieser Schritt zielt darauf ab, die Handelsprozesse zu optimieren und Zugang zu der Liquidität und Größe von Northern Trust zu bieten, um das Wachstum und die Kundenserviceziele von 2Xideas zu unterstützen.
Die ITS von Northern Trust bieten weltweit Fachwissen im Agenturen-Handel, Abdeckung von mehreren Standorten, hochwertigen Zugang zu Liquidität und integrierte Middle- und Back-Office-Dienste. Diese Lösung hilft Vermögensverwaltern, Kosten zu senken, Risiken zu steuern und die operative Effizienz zu verbessern.
- Expansion of existing partnership indicates client satisfaction and trust
- Access to Northern Trust's liquidity and scale may improve trading efficiency for 2Xideas
- Potential for cost reduction and operational efficiency improvements for 2Xideas
- Northern Trust gains additional business from an existing client, potentially increasing revenue
- None.
The
Founded in 2013, 2Xideas is an independent, partner-owned investment firm focused on liquid mid-cap stocks, employing a single, team-based investment process, supported by its proprietary Analysis and Collaboration Engine (ACE) platform. Currently, the firm manages four funds and several managed accounts, which will now be exclusively serviced by Northern Trust’s outsourced trading capability.
“After first establishing a relationship with Northern Trust in 2022, we began searching for a solution that would streamline our trading processes, allowing us to focus on what matters most – delivering exceptional results for our clients,” said Roger Meister, 2Xideas CEO. “By extending our existing relationship with Northern Trust and leveraging their ITS offering, we’re able to unlock access to Northern Trust's substantial liquidity and scale, which allows us to drive growth while exceeding our clients’ expectations.”
“We are excited to have 2XIdeas join our ITS platform and are well placed to assist the firm in its endeavor to generate alpha for its underlying clients,” said Amy Thorne, Head of Integrated Trading Solutions,
Northern Trust’s ITS 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
For legal and regulatory information about our offices and legal entities, visit northerntrust.com/disclosures.
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
Northern Trust Corporation, Head Office: 50 South La Salle Street,
About 2Xideas AG
2Xideas is an independent, partner-owned investment firm founded in 2013. Our mission is to identify and invest in high-quality companies early, when they are still mid caps, and then profit from their growth and value creation over the long term. We look for investment "ideas" with "2X" return potential over 5 to 7 years. 2Xideas combines fundamental research expertise, advanced data science, and collective team intelligence to make investment decisions. We are authorized and regulated by the Swiss Financial Market Supervisory Authority FINMA as a manager of collective assets.
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Source: Northern Trust
FAQ
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