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Northern Trust Enters Strategic Agreement with Two Sigma to Provide Leading Quantitative Analytics Capabilities

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Northern Trust (Nasdaq: NTRS) has initiated a strategic collaboration with Two Sigma to provide the Venn investment analytics platform to its clients. This integration aims to enhance portfolio insights and analytics for asset allocators, facilitating better investment decisions. The partnership allows seamless access to advanced portfolio analytics tools and integrates data flows through APIs with Northern Trust’s existing services. This relationship aims to boost operational efficiency and provide value in optimizing investment processes.

Positive
  • Strategic agreement with Two Sigma enhances asset allocation insights for clients.
  • Integration with Venn platform improves operational efficiency and analytics capabilities.
  • Access to advanced portfolio analytics tools benefits asset allocators.
Negative
  • None.

As part of its strategy to provide integrated products, services and technology across the whole office, Northern Trust (Nasdaq: NTRS) has entered into a strategic agreement with Two Sigma to offer Venn, a cloud-based investment analytics platform, to its clients. Venn by Two Sigma will help Northern Trust provide asset allocators with enhanced portfolio insights and analytics designed to help investment teams make more confident asset allocation, manager selection and quantitatively driven investment decisions.

Through this strategic relationship, Northern Trust clients can gain seamless access to Venn to take advantage of advanced portfolio analytics tools. Northern Trust has enabled certain data flows through to the Venn platform via APIs, allowing clients to benefit from the integration with both Northern Trust’s Front Office Solutions and Investment Risk and Analytical Services offerings.

The Two Sigma relationship already supports a number of mutual clients and is an extension of Northern Trust Whole Office, an approach that integrates Northern Trust’s architecture alongside innovative partners, facilitating client access to new technologies, services and solutions. As asset allocators and managers seek to drive performance and lower costs, the Whole Office ‘platform’ approach offers value to key areas of need – in particular, optimization of the front office investment process.

“Our Whole Office ecosystem delivers global asset allocators and asset managers scale, efficiency, flexibility and optionality, ultimately enabling more informed investment decision making,” said Pete Cherecwich, President of Corporate & Institutional Services at Northern Trust. “Northern Trust is committed to providing additive value to our asset allocator clients. Two Sigma’s Venn is highly regarded within the industry. We believe that the combined expertise and synergies across our two organizations will improve operational efficiency and analytical capabilities for our mutual clients.”

Two Sigma’s Venn helps investment teams better understand investment risks and opportunities across a diversified multi-asset portfolio, delivered through modern, cloud-based software.

"Venn is designed to help investors better understand and manage their risks in ways they could not before,” said Jake Dwyer, General Manager of Venn by Two Sigma. “We are excited to expand our relationship with Northern Trust, bringing Venn’s capabilities to a broader group of sophisticated asset allocator clients.”

About Two Sigma

Two Sigma is a financial sciences company, combining rigorous inquiry, data analysis, and invention to solve the toughest challenges in investment management, insurance, securities, private equity, and venture capital. Founded in 2001 by David Siegel and John Overdeck, Two Sigma employs over 1600 creative minds, and has offices in New York, Houston, Portland, London, Tokyo, Hong Kong and Shanghai. Two Sigma Investor Solutions, LP operates Venn – see here for important information. Venn is for institutional investors only. For more Information visit twosigma.com

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 22 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, 2020, Northern Trust had assets under custody/administration of US$14.5 trillion, and assets under management of US$1.4 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on { "@context": "https://schema.org", "@type": "FAQPage", "name": "Northern Trust Enters Strategic Agreement with Two Sigma to Provide Leading Quantitative Analytics Capabilities FAQs", "mainEntity": [ { "@type": "Question", "name": "What is Northern Trust's recent partnership about?", "acceptedAnswer": { "@type": "Answer", "text": "Northern Trust has partnered with Two Sigma to offer the Venn investment analytics platform to enhance portfolio insights for clients." } }, { "@type": "Question", "name": "How will Venn benefit Northern Trust clients?", "acceptedAnswer": { "@type": "Answer", "text": "Venn will provide advanced portfolio analytics tools, helping clients make more informed asset allocation and investment decisions." } }, { "@type": "Question", "name": "What financial metrics does Northern Trust manage?", "acceptedAnswer": { "@type": "Answer", "text": "Northern Trust manages assets under custody/administration of US$14.5 trillion and assets under management of US$1.4 trillion." } }, { "@type": "Question", "name": "When was Northern Trust founded?", "acceptedAnswer": { "@type": "Answer", "text": "Northern Trust was founded in Chicago in 1889." } } ] }

FAQ

What is Northern Trust's recent partnership about?

Northern Trust has partnered with Two Sigma to offer the Venn investment analytics platform to enhance portfolio insights for clients.

How will Venn benefit Northern Trust clients?

Venn will provide advanced portfolio analytics tools, helping clients make more informed asset allocation and investment decisions.

What financial metrics does Northern Trust manage?

Northern Trust manages assets under custody/administration of US$14.5 trillion and assets under management of US$1.4 trillion.

When was Northern Trust founded?

Northern Trust was founded in Chicago in 1889.

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