Outsourcing is accelerating through the pandemic, says Northern Trust
COVID-19 crisis is accelerating outsourcing among asset managers who face a myriad of additional challenges such as competition, fee pressure and regulation.
Tag: Northern Trust
Northern Trust makes two appointments to growing front-office unit
Front-office unit continues to grow in clients and personnel as Northern Trust bolsters team.
Majority of global asset managers looking to outsource trading with custodians
Survey of 300 global asset managers by Northern Trust found 85% have outsourced or are interested in outsourcing their trading desk.
Northern Trust forms alliance with BlackRock for ‘whole office’ strategy
Northern Trust has created a service to cover all points of the investment lifecycle with landmark BlackRock partnership a key component of the plan.
Northern Trust rolls out machine learning tech for FX management solutions
The new solution designed in partnership with Lumint will enable greater oversight of thoughts of daily data points in the currency management lifecycle.
Northern Trust appoints new chief technology officer for EMEA
Former Deutsche Bank and Goldman Sachs executive to lead the enterprise technology business unit across EMEA at Northern Trust as new CTO.
Banks see demand for outsourced trading desks surge during pandemic
The global pandemic is likely to cause a spike in outsourcing and according to custodian banks the biggest trend so far has been towards their outsourced trading services.
Genesis Investment Management outsources execution to Northern Trust
Neil Dacey, head of trading at Genesis Investment Management, has joined the Northern Trust trading desk to oversee emerging markets as part of the deal.
Northern Trust expands global FX sales team with two US hires
David Byne and William Hartlett join the sales team for the global foreign exchange solutions business at Northern Trust for North America.
Buy-Side
Hedge fund Ardevora to shut trading desk and outsource execution to Northern Trust
Ardevora Asset Management will shut its internal trading desk as of April next year with head of trading, Neil Bond, expected to leave around the same time.