Avanza Fonder Appoints Northern Trust to Provide Integrated Trading Solutions
Northern Trust (NTRS) has been selected to provide Integrated Trading Solutions (ITS) for Avanza Fonder, a Stockholm-based fund company. Northern Trust will handle outsourced trading primarily for Avanza Fonder's Global, Emerging Market, European and US equity market index funds. The partnership aims to enhance Avanza Fonder's operating efficiency, mitigate operational risks, and support business growth through an integrated middle-and back-office solution.
The ITS platform offers worldwide trading expertise in equities, fixed income, derivatives, futures, and ETFs across global markets. This collaboration enables Avanza Fonder to access greater liquidity and scale while focusing on core fund management activities.
Northern Trust (NTRS) è stato selezionato per fornire Soluzioni di Trading Integrate (ITS) per Avanza Fonder, una società di fondi con sede a Stoccolma. Northern Trust gestirà il trading esternalizzato principalmente per i fondi indicizzati azionari globali, dei mercati emergenti, europei e statunitensi di Avanza Fonder. L'obiettivo della partnership è migliorare l'efficienza operativa di Avanza Fonder, ridurre i rischi operativi e sostenere la crescita aziendale attraverso una soluzione integrata di middle e back office.
La piattaforma ITS offre competenze di trading a livello mondiale in azioni, reddito fisso, derivati, futures e ETF sui mercati globali. Questa collaborazione consente ad Avanza Fonder di accedere a una maggiore liquidità e scalabilità, mentre si concentra sulle attività fondamentali di gestione dei fondi.
Northern Trust (NTRS) ha sido seleccionado para proporcionar Soluciones de Trading Integradas (ITS) para Avanza Fonder, una empresa de fondos con sede en Estocolmo. Northern Trust se encargará del trading externalizado principalmente para los fondos de índice de acciones globales, mercados emergentes, europeos y estadounidenses de Avanza Fonder. La asociación tiene como objetivo mejorar la eficiencia operativa de Avanza Fonder, mitigar los riesgos operativos y apoyar el crecimiento empresarial a través de una solución integrada de middle y back office.
La plataforma ITS ofrece experiencia en trading a nivel mundial en acciones, renta fija, derivados, futuros y ETFs en mercados globales. Esta colaboración permite a Avanza Fonder acceder a una mayor liquidez y escala mientras se centra en las actividades principales de gestión de fondos.
노던 트러스트(NTRS)가 스톡홀름에 본사를 둔 펀드 회사인 아반자 폰더를 위해 통합 거래 솔루션(ITS)을 제공하기로 선정되었습니다. 노던 트러스트는 아반자 폰더의 글로벌, 신흥 시장, 유럽 및 미국 주식 시장 지수 펀드에 대해 외주 거래를 주로 처리하게 됩니다. 이번 파트너십의 목표는 아반자 폰더의 운영 효율성을 향상시키고 운영 위험을 완화하며 통합된 미들 및 백 오피스 솔루션을 통해 비즈니스 성장을 지원하는 것입니다.
ITS 플랫폼은 글로벌 시장에서 주식, 고정 수익, 파생 상품, 선물 및 ETF에 대한 전 세계 거래 전문 지식을 제공합니다. 이 협력으로 아반자 폰더는 더 큰 유동성과 규모에 접근할 수 있으며 핵심 펀드 관리 활동에 집중할 수 있게 됩니다.
Northern Trust (NTRS) a été sélectionné pour fournir des Solutions de Trading Intégrées (ITS) pour Avanza Fonder, une société de fonds basée à Stockholm. Northern Trust s'occupera du trading externalisé principalement pour les fonds indiciels sur les marchés des actions mondiaux, émergents, européens et américains d'Avanza Fonder. L'objectif du partenariat est d'améliorer l'efficacité opérationnelle d'Avanza Fonder, de réduire les risques opérationnels et de soutenir la croissance des affaires grâce à une solution intégrée de middle et back office.
La plateforme ITS offre une expertise en trading dans le monde entier en actions, obligations, produits dérivés, contrats à terme et ETF sur les marchés mondiaux. Cette collaboration permet à Avanza Fonder d'accéder à une plus grande liquidité et échelle tout en se concentrant sur les activités clés de gestion des fonds.
Northern Trust (NTRS) wurde ausgewählt, um Integrierte Handelslösungen (ITS) für Avanza Fonder, ein in Stockholm ansässiges Fondsunternehmen, bereitzustellen. Northern Trust wird das ausgelagerte Trading hauptsächlich für die globalen, Schwellenländer, europäischen und US-Aktienmarkt-Indexfonds von Avanza Fonder übernehmen. Ziel der Partnerschaft ist es, die operative Effizienz von Avanza Fonder zu verbessern, operationale Risiken zu mindern und das Unternehmenswachstum durch eine integrierte Mittel- und Backoffice-Lösung zu unterstützen.
Die ITS-Plattform bietet weltweit Handelskompetenz in Aktien, festverzinslichen Wertpapieren, Derivaten, Futures und ETFs auf globalen Märkten. Diese Zusammenarbeit ermöglicht es Avanza Fonder, auf eine größere Liquidität und Skalierbarkeit zuzugreifen, während man sich auf die Kernaktivitäten der Fondsverwaltung konzentriert.
- Secured new client partnership with Avanza Fonder for trading services
- Expansion of Northern Trust's presence in the Nordic region
- Addition of revenue stream through trading services for multiple index funds
- None.
Selected as a Provider of Trading Services for Selected Index Funds Managed by Avanza Fonder
Founded in 2006, Avanza Fonder is a wholly owned subsidiary of Avanza Bank Holding AB (publ). The fund company manages funds in-house and in collaboration with other managers. Northern Trust will provide outsourced trading primarily for Avanza Fonder’s Global, Emerging Market, European and US equity market index funds.
Gerard Walsh, global head of Client Solutions Banking & Markets, at Northern Trust, said: “We are delighted to be working with Avanza Fonder, a leading fund manager in the Nordic region, to support them across the trading spectrum through an integrated middle-and back-office solution. Our customised services will help Avanza Fonder navigate ongoing global market challenges, allowing them to focus on managing the assets entrusted to them, whilst we work with them to effectively manage the trade and post trade lifecycle.”
Petra Sjogeras, head of Nordics at Northern Trust, said: “We are proud to partner with Avanza Fonder as we continue to expand in the Nordic region. We see Nordic managers facing global challenges of rising costs and market volatility. Our Integrated Trading Solution enhances the efficiency of Avanza Fonder’s operating model, mitigates operational challenges and risks and supports the scalability and growth of their business.”
Jesper Bonnivier, CEO of Avanza Fonder, said: “After opting to bring the management of our index funds in-house, we aimed to find a solution that would streamline our trading processes so we could concentrate on what matters most, which is to achieve outstanding results for our clients. By collaborating with Northern Trust and utilizing their ITS platform, we’ve gained access to greater liquidity and scale, enabling us to drive growth and consistently surpass client expectations."
Northern Trust’s outsourced trading capability combines worldwide trading expertise in equities and fixed income, exchange traded derivatives, futures and exchange traded funds (ETFs) across global markets on an agency-only basis. The ITS platform 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 Avanza Fonder
Avanza Fonder is a wholly owned subsidiary of Avanza Bank Holding AB (publ). The fund company was founded in 2006 and the first of its own funds was Avanza Zero – Sweden’s first no-fee index fund – which was launched the same year. Avanza Fonder now has 23 of its own funds, 11 of which it manages itself and 12 that are managed in collaboration with Amundi, TIN Fonder, FCG Fonder, NRP Anaxo Management AS, ARK Investment Management LTD, Coeli Asset Management, HealthInvest Partners AB och Captor Fund Management AB.
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
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,
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Media Contacts
Camilla Greene
+44 (0) 20 7982 2176
Camilla_Greene@ntrs.com
Simon Ansell
+ 44 (0) 20 7982 1016
Simon_Ansell@ntrs.com
US &
John O’Connell
+1 312 444 2388
John_O’Connell@ntrs.com
http://www.northerntrust.com
Source: Northern Trust
FAQ
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