Northern Trust Grows Front Office Solutions Business in EMEA Market
- Northern Trust expands FOS business in EMEA, adding new clients and reaching $500B in assets globally
- FOS addresses challenges of data sources and manual processes, offering portfolio analytics and research management tools
- Recent success includes securing three organizations with $75B in assets
- FOS provides high-touch service and seamless onboarding experience
- The demand for innovative offerings is increasing
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Northern Trust Front Office Solutions builds momentum in EMEA amidst growing demand for more diversified portfolios
As large institutional asset owners evolve to support their operational processes with advanced technology, they increasingly seek platforms that can deliver a broad range of functionality across the entire investment lifecycle. FOS was developed to address the challenges of disparate data sources and manual processes for investment teams. The offering provides a full suite of portfolio analytics, investment analysis, performance measurement and research management tools to empower asset owners to view the bigger picture and break down artificial silos between their front, middle, and back-office functions.
“After significant growth in the U.S. market, we see strong interest among asset owners in EMEA for our Front Office Solutions platform,” said John Turney, Global Head of Front Office Solutions at Northern Trust. “We have expanded Front Office Solutions to investors in the
FOS has recently been selected by three organisations in EMEA with approximately
“We are thrilled to announce our recent success in securing new clients on a global scale,” said James Wright, Head of Asset Owners, EMEA at Northern Trust. “With this offering, we support our clients’ need for access to richer and more timely, granular information on their investments. As FOS continues to grow globally, it is a testament to the increasing demand for our innovative offerings.”
In addition to addressing the technology challenges associated with diverse asset classes, FOS delivers a high-touch service model to provide asset owners a high degree of confidence in their data quality. Further, a dedicated implementation team allows for a seamless onboarding experience to process clients’ historical data.
Front Office Solutions offers an integrated, cloud-based investment lifecycle platform that enables investment offices to view and analyse portfolio and investment information across all asset classes in a unified framework. It serves complex asset owners including foundations, endowments, family offices, pensions and outsourced chief investment officers (OCIOs) with the data they need, in the format they need it, enabling them to make informed decisions and optimise performance.
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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Camilla Greene
+44 (0) 20 7982 2176
Camilla_Greene@ntrs.com
Marcel Klebba
+44 (0) 20 7982 1994
Marcel_Klebba@ntrs.com
US &
John O’Connell
+1 312 444 2388
John_O’Connell@ntrs.com
Source: Northern Trust