Northern Trust (Nasdaq: NTRS) has launched an outsourced trading capability designed to help asset owners and asset managers achieve better overall trading and performance outcomes.
The capability – Integrated Trading Solutions (ITS) – combines Northern Trust’s proven trading experience in equities and fixed income with comprehensive access to global markets, trading venues and liquidity. ITS enables seamless integration using advanced technology across trade execution, middle office, matching and settlement. The potential benefits to our clients may be reduced costs and reduced risks, while enabling the achievement of Best Execution* obligations.
“Institutional investors are at a tipping point, faced with unprecedented pressure from multiple sources: the need to invest in technology, support regulation and compliance requirements alongside competitive fee pressures,” said Guy Gibson, head of Institutional Brokerage for EMEA & APAC at Northern Trust. “All these factors combine to drive down profitability. Through our newly-launched end-to-end integrated trading capability, we are positioned to deliver an immediate solution to help our clients address these challenges.”
The ITS model presents a bespoke solution for Northern Trust’s clients by bringing together more than 150 years of trading experience, combined with a robust compliance, regulatory and middle office support structure, underpinned by leading technology. Northern Trust’s institutional equity brokerage is further differentiated as it operates as a broker dealer within the custody bank, accessing liquidity from numerous market sources its clients direct it to, as well as its own significant liquidity pools and executing only on client instruction in a Best Execution* model.
“As a custody bank based agency dealer, with access to excellent liquidity, and leading end-to-end operational and technology capabilities, Northern Trust acts as a trusted partner to clients by providing Integrated Trading Solutions,” said Gibson.
*MiFID II directive guidelines
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 offices in the United States in 19 states and Washington, D.C., and 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2018, Northern Trust had assets under custody/administration of US$10.7 trillion, and assets under management of US$1.1 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com
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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/disclosures