Northern Trust and EDS Selected by Cornerstone FTM for Research Management and Portfolio Construction Capabilities
Cornerstone FTM, a financial technology investment fund, has chosen Northern Trust and Equity Data Science (EDS) for Research Management System and Portfolio Construction solutions. This collaboration signifies the growth of Northern Trust's Investment Data Science product suite, with IDS doubling its client base in the last 12 months. The partnership aims to enhance investment processes through automation and data-driven tools.
Cornerstone FTM selecting Northern Trust and EDS for Research Management System and Portfolio Construction solutions demonstrates the value of Northern Trust's data science toolset.
The collaboration highlights the growth momentum of Northern Trust's Investment Data Science product suite, showing a significant increase in clients over the last year.
The partnership aims to automate investment processes, improve decision-making, and provide data visualization tools to enhance investment outcomes.
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Asset manager demand for advanced front-office support propels growth of Investment Data Science business at Northern Trust
This new collaboration highlights the continued growth momentum of Northern Trust’s Investment Data Science (IDS) product suite, of which EDS is a key partner. In the last 12 months, IDS has more than doubled the number of clients that utilize its services.
“The solutions available through Northern Trust and EDS support our critical processes and decision-making from front to back office,” said Jean-Jacques Louis, CIO & Co-Founder of Cornerstone FTM. “We are impressed with their advanced capabilities that will automate our investment process, allowing us to scale and make better investment decisions. We look forward to capitalizing on these data aggregation, ingestion and visualization tools to improve our investment process.”
RMS and Portfolio Construction are data-driven tools that allow for quicker, more informed investment decisions backed by actionable insights. Using the tools, investment teams are better equipped to analyze and measure the success of their inputs and decisions.
Paul Fahey, Head of Investment Data Science at Northern Trust Asset Servicing, said: “this appointment by Cornerstone, FTM is further evidence of the value of our data science toolset, which helps our clients drive high quality outcomes so they can invest more effectively in their core activities. We look forward to building on our momentum in the future.”
As Northern Trust continues to expand its solutions and reach, it remains committed to delivering its Whole Office strategy. Moving beyond middle and back-office capabilities, Northern Trust Asset Servicing can offer services and benefits to all parts of an asset manager’s business, including direct support for portfolio managers’ daily investment processes.
About Cornerstone FTM
Cornerstone Financial Technology Management is a fundamental long/short equity manager seeking private equity-like, risk adjusted returns by investing in publicly traded equities within financial technology and related space. Founded by Robert Greifeld and Jean-Jacques Louis, Cornerstone FTM leverages a deep expertise in financial technology space powered by a custom-built, cutting edge, technology driven investment platform to drive stock selection. The Founders have used similar strategically focused and cash flow-oriented methodology over several decades to execute on and manage over 50 private acquisitions and numerous equity and direct capital investments as executives in prior funds and businesses. Over the years, our commitment to data-driven, systematic, rigorous due diligence and fundamental analyses has consistently yielded exceptional results both in the public and private markets, as well as the operation of large businesses.
About Equity Data Science
Equity Data Science (EDS) is an investment process management (IPM) solutions provider that empowers many of the world's leading hedge funds and asset managers through greater insights and productivity for decision-making. Trusted since 2012, it harnesses proprietary and third-party data and research on a modern platform configured to the unique investment visions of clients. The EDS platform supports idea generation, research management, portfolio construction and analytics, risk management, performance attribution and ESG.
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
+44 (0) 20 7982 2176
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Simon Ansell
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John O’Connell
+1 312 444 2388
John_O'Connell@ntrs.com
Source: Northern Trust
FAQ
What financial technology investment fund has chosen Northern Trust and EDS for Research Management System and Portfolio Construction solutions?
What has Northern Trust doubled in the last 12 months in terms of clients?
What are RMS and Portfolio Construction?
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