Marc Mallett, previously chief strategy officer at Northern Trust, has been appointed as chief commercial officer at GoldenSource, a U.S.-based data management firm.
Category: NTRS
Haycen appoints NTRS
Northern Trust has been selected by Haycen Bermuda Ltd., a trade finance digital payments provider with operations in the UK and Europe, to provide global custody and money market fund services. Under the new mandate, Northern Trust will provide Haycen with global custody services for its client fiat deposits. Northern Trust Asset Management will provide…
Bayer appoints Northern Trust for carbon credits
Northern Trust has been selected by Bayer to act as one of its providers for the digital lifecycle management of the Bayer Carbon Program, the company’s voluntary carbon credits program. A part of Bayer’s carbon credits inventory has been recorded on The Northern Trust Carbon Ecosystem, a digital platform for the end-to-end lifecycle management of…
NTRS expands with TCS
Northern Trust has expanded its relationship with Tata Consultancy Services (TCS) to enhance its global securities settlements platform, which covers 99 markets. Northern Trust has deployed TCS BaNCS for corporate actions and income processing since 2017. This latest collaboration gives Northern Trust access to the TCS BaNCS global securities platform, which offers multi-entity, multi-market and…
Brickwood appoints NTRS
Northern Trust has been appointed by Brickwood Asset Management, a UK asset management firm launched in 2024, to provide asset servicing solutions across front, middle and back-office functions. Solutions to be provided include Northern Trust’s investment data science partnership with Equity Data Science, as well as outsourced trading via Integrated Trading Solutions and a range…
Generation Life appoints Northern Trust
Northern Trust has been appointed to provide global custody and valuation reporting services for Generation Life, an Australian life insurance company. Northern Trust will provide support to AUD1.5bn (USD950m) of Generation Life’s portfolio assets, including domestic and international equities, bonds, FX, and SICAVs.
Alchemy expands with NTRS
Alchemy Partners is expanding its relationship with Northern Trust to deliver asset servicing solutions for its latest special opportunities fund, Alchemy Special Opportunities Fund V L.P. (ASOF V). ASOF V surpassed Alchemy’s fundraising target, securing total commitments of c. EUR1bn (c. USD1.03bn). Based in London, Alchemy is a private equity firm specialising in investing in…
Northern Trust expands relationship with First Sentier
Northern Trust has been appointed to provide asset servicing solutions to Igneo Infrastructure Partners as its global private capital administration partner. Igneo manages USD20bn of assets. It is the direct infrastructure investment team of the First Sentier Investors Group, a major Northern Trust client. Northern Trust will deliver solutions servicing Igneo’s funds domiciled in Australia,…
Platinum goes to NTRS
Northern Trust has been appointed by Sydney-based Platinum Asset Management to provide comprehensive asset servicing solutions across its Australian funds. Platinum Asset Management focuses on global equities and has approximately AUD11bn (USD6.8bn) AuM. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting, investment operations outsourcing, ETF administration and…
NT participates in green bond project
The National University of Singapore, Northern Trust and UOB have collaborated on the launch of a first-in-market initiative aimed at tokenising green bond credentials. NUS is the first university in Singapore to implement blockchain technology for ESG reporting. The tokenisation process will focus on ensuring data integrity, providing investors with confidence that the environmental impact…