Northern Trust is an experienced securities lending industry leader and strongly differentiates ourselves in the marketplace in each of these areas:
A Core Business
Northern Trust has over 30 years of experience of providing superior securities lending services and we remain fully committed to the business and the satisfaction of our clients.
Northern Trust has a stable and experienced team dedicated to securities lending. Our securities lending senior managers are focused on developing unique solutions for our clients and are active participants in industry associations in an effort to help guide program and industry development.
Senior management at Northern Trust understands securities lending and is involved in overall business strategy. As a result, our securities lending program receives robust capital support, allowing us to continuously invest in our business and our clients.
Exceptional Capital Strength
Northern Trust possesses the financial strength and stability to be a premier and dependable partner for our clients. We have proven success through years of business cycles.
Sophisticated investors recognize the importance of partnering with a stable and disciplined lending agent, and discerning investors recognize that indemnification is only as strong as the lending agent offering the protection.
Our strong capital base empowers us to continually invest in our securities lending business and our clients.
Unique Global Integration
Northern Trust provides market expertise through a single global team of professionals. We have an experienced and stable team leading our program — a key benefit to our clients.
We achieve efficiency in technology through our single, global proprietary trading platform. Organic growth enables us to develop and evolve our trading platform, allowing us to quickly capitalize on trades that others cannot. Our efficient technology and market expertise make us a more attractive partner for the global borrower community, allowing us to lend more of our clients' securities.
Northern Trust's competitive advantage is gained via a distinctive global infrastructure. Our global presence and single system enable us to optimally connect our clients' supply with borrower demand around the world at all times.
Proven Performance Results
Northern Trust is a single provider offering multiple routes to market, expertise in all forms of collateral and ongoing expansion into new markets. We have over 30 years of experience of innovative solutions supported by robust risk management.
Our experienced team of trading professionals are focused on optimizing the intrinsic value of client assets through the use of advanced technology and automation, and auction and exclusive capabilities. Our traders understand the value of each loan and negotiate with borrowers to achieve the maximum benefit for clients.
Our performance record is strong, with Northern Trust consistently exceeding industry composite benchmarks.
Intense Focus on Client Satisfaction
Our dedicated team of securities lending professionals consistently demonstrates our corporate culture of exceptional client service. Our team acts with the highest degree of ethics and honesty, and develops relationships based on trust and reliability. We believe in being relationship focused, not transaction oriented. We provide a consultative approach by delivering day to day strategic support and offering access to senior management, trading and cash management professionals.
Northern Trust anticipates client needs and proactively customizes solutions to fulfill them by hiring and supporting talented professionals and focusing on learning and development. Furthermore, we listen, understand, and respond to feedback to deliver tailored solutions for our clients.
Sunil Daswani is a Vice President at The Northern Trust Company's London Office. He is the Director and Regional Manager for Securities Lending (Asia), at Northern Trust Global Investments. His primary responsibility revolves around addressing and evaluating securities lending initiatives for lenders and borrowers where Northern Trust acts as an agent lender. Mr. Daswani additionally focuses on building the supply of Asian assets for Northern Trust's global securities lending program, ensuring that the due diligence is carried out when lending its clients assets in each jurisdiction.
Further, he is responsible for maintaining updated market information and knowledge through relationships with regional contacts that may influence or shape the markets in which Northern Trust lends securities.
He has twelve years of experience in the securities industry, of which the last four have been at Northern Trust. He previously spent seven years at Citigroup as a Global Custody product manager developing many products, including their web-based automated custody FX product, cash pooling products, and implementing a treasury middle office unit. Prior to this position, he spent some time in the treasury operations area at UBS.
In May 2005, Mr. Daswani accepted the position of Chairman for the Pan Asian Securities Lending Association (PASLA) for one year. He was re-elected in 2006 for a further year. In this role he ensures that the fellow members are kept updated on key industry events, coordinating as an industry, where necessary, responses to various international regulatory bodies on topical issues, discussion papers and general market issues.
Mr. Daswani has a B.Sc. (Economics) with Honours from the London School of Economics, University of London, where he majored in Accounting & Finance.
This material is directed to eligible counterparties and professional clients only and should not be relied upon by retail investors. It is issued by Northern Trust Global Investments Limited, authorised and regulated by the Financial Services Authority in the United Kingdom. Registered office: 50 Bank Street, Canary Wharf, London E14 5NT, registered in England 03929218.