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Brickwood Asset Management Selects Northern Trust for Asset Servicing Solutions

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Northern Trust (NTRS) has been selected by UK-based Brickwood Asset Management to provide comprehensive Whole Office asset servicing solutions across front, middle and back-office functions. Brickwood, a newly established boutique asset management firm founded in 2024, specializes in value investing.

The partnership will deliver multiple services including: investment data science capabilities through Northern Trust's partnership with Equity Data Science, outsourced trading via Integrated Trading Solutions, middle office services, fund administration, global custody, client reporting, and performance management.

The collaboration aims to support Brickwood's growth ambitions by digitizing their investment process, enhancing trading and risk management capabilities, and streamlining investor reporting through a single strategic provider.

Northern Trust (NTRS) è stata selezionata dalla società britannica Brickwood Asset Management per fornire soluzioni complete di servicing degli asset per l'intero ufficio, coprendo le funzioni di front, middle e back-office. Brickwood, una boutique di gestione patrimoniale appena fondata nel 2024, si specializza nell'investimento di valore.

La partnership offrirà diversi servizi tra cui: capacità di scienza dei dati sugli investimenti grazie alla collaborazione di Northern Trust con Equity Data Science, trading esternalizzato tramite Integrated Trading Solutions, servizi di middle office, amministrazione dei fondi, custodia globale, reportistica per i clienti e gestione delle performance.

La collaborazione mira a sostenere le ambizioni di crescita di Brickwood digitalizzando il loro processo di investimento, migliorando le capacità di trading e gestione del rischio, e semplificando la reportistica per gli investitori attraverso un unico fornitore strategico.

Northern Trust (NTRS) ha sido seleccionada por la firma británica Brickwood Asset Management para proporcionar soluciones integrales de servicio de activos para toda la oficina, abarcando funciones de front, middle y back-office. Brickwood, una firma boutique de gestión de activos recién establecida en 2024, se especializa en la inversión en valor.

La asociación ofrecerá múltiples servicios, incluyendo: capacidades de ciencia de datos de inversión a través de la colaboración de Northern Trust con Equity Data Science, trading externalizado a través de Integrated Trading Solutions, servicios de middle office, administración de fondos, custodia global, informes a clientes y gestión del rendimiento.

La colaboración tiene como objetivo apoyar las ambiciones de crecimiento de Brickwood digitalizando su proceso de inversión, mejorando las capacidades de trading y gestión de riesgos, y simplificando la presentación de informes a los inversores a través de un único proveedor estratégico.

노던 트러스트 (NTRS)는 영국에 본사를 둔 브릭우드 자산 관리로부터 프론트, 미들, 백 오피스 기능을 아우르는 포괄적인 전체 사무소 자산 서비스 솔루션을 제공하도록 선정되었습니다. 브릭우드는 2024년에 설립된 새로운 부티크 자산 관리 회사로, 가치 투자에 전문화되어 있습니다.

이번 파트너십은 노던 트러스트의 Equity Data Science와의 협력을 통해 투자 데이터 과학 능력, 통합 거래 솔루션을 통한 아웃소싱 거래, 미들 오피스 서비스, 펀드 관리, 글로벌 수탁, 고객 보고 및 성과 관리 등 여러 서비스를 제공합니다.

이번 협력은 브릭우드의 성장 목표를 지원하기 위해 투자 프로세스를 디지털화하고, 거래 및 위험 관리 능력을 향상시키며, 단일 전략적 제공자를 통해 투자자 보고를 간소화하는 것을 목표로 하고 있습니다.

Northern Trust (NTRS) a été sélectionnée par la société britannique Brickwood Asset Management pour fournir des solutions complètes de service d'actifs pour l'ensemble du bureau, couvrant les fonctions de front, middle et back-office. Brickwood, une société de gestion d'actifs boutique nouvellement créée en 2024, se spécialise dans l'investissement de valeur.

Le partenariat offrira plusieurs services, notamment : des capacités de science des données d'investissement grâce au partenariat de Northern Trust avec Equity Data Science, du trading externalisé via Integrated Trading Solutions, des services de middle office, l'administration des fonds, la garde mondiale, le reporting client et la gestion de la performance.

La collaboration vise à soutenir les ambitions de croissance de Brickwood en numérisant leur processus d'investissement, en améliorant les capacités de trading et de gestion des risques, et en rationalisant le reporting des investisseurs à travers un unique fournisseur stratégique.

Northern Trust (NTRS) wurde von der britischen Brickwood Asset Management ausgewählt, um umfassende Lösungen für die Vermögensverwaltung im gesamten Büro anzubieten, einschließlich Front-, Middle- und Back-Office-Funktionen. Brickwood, eine neu gegründete Boutique-Vermögensverwaltung, die 2024 gegründet wurde, spezialisiert sich auf Value-Investing.

Die Partnerschaft wird mehrere Dienstleistungen bereitstellen, darunter: Investitionsdatenwissenschaftliche Fähigkeiten durch die Partnerschaft von Northern Trust mit Equity Data Science, ausgelagerter Handel über Integrated Trading Solutions, Middle-Office-Dienstleistungen, Fondsadministration, globale Verwahrung, Kundenberichterstattung und Leistungsmanagement.

Die Zusammenarbeit zielt darauf ab, die Wachstumsambitionen von Brickwood zu unterstützen, indem der Investitionsprozess digitalisiert, die Handels- und Risikomanagementfähigkeiten verbessert und die Berichterstattung für Investoren über einen einzigen strategischen Anbieter rationalisiert wird.

Positive
  • Strategic partnership expands NTRS's asset servicing client base
  • Comprehensive service offering demonstrates NTRS's full-suite capabilities
  • Partnership with newly established firm provides growth opportunity
Negative
  • None.

Chosen by UK Boutique Manager as Single Strategic Provider for Front-to-Back Office Solutions

LONDON--(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 northerntrust.com. 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 https://www.northerntrust.com/terms-and-conditions.

Media Contacts

Europe, Middle East, Africa & Asia-Pacific:



Camilla Greene

+44 (0) 20 7982 2176

Camilla_Greene@ntrs.com



Simon Ansell

+ 44 (0) 20 7982 1016

Simon_Ansell@ntrs.com

US & Canada:

John O’Connell

+1 312 444 2388

John_O’Connell@ntrs.com

http://www.northerntrust.com

Source: Northern Trust Corporation

FAQ

What services will Northern Trust (NTRS) provide to Brickwood Asset Management?

Northern Trust will provide comprehensive front-to-back office solutions including investment data science, outsourced trading, middle office services, fund administration, global custody, client reporting, and performance management.

When was Brickwood Asset Management founded and who are the key founders?

Brickwood Asset Management was founded in 2024 by Ben Whitmore, along with co-founders Claudia Ripley (CEO), Dermot Murphy, and Kevin Murphy.

How will the Northern Trust (NTRS) partnership benefit Brickwood Asset Management?

The partnership will help Brickwood digitize their investment process, support trading and risk management, streamline investor reporting, and scale their distribution through a single provider.

What is Brickwood Asset Management's investment focus?

Brickwood Asset Management is an independent UK-based boutique that focuses on value investing.

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