Redwheel, a UK-based asset manager with c. USD19bn AuM, has adopted the data aggregation tool developed by Equity Data Science to enhance ESG integration across its investment business. Northern Trust took a stake in EDS in 2021 and jointly launched an ESG workflow solution that allows investors to access and share ESG information. The data…
Category: NTRS
Northern Trust to integrate with SimCorp
Northern Trust has agreed with SimCorp, a provider of SaaS investment management solutions, to enable integration for data exchange for mutual clients using the SimCorp Dimension platform. The two companies will automate custody data file exchange for Northern Trust clients via two different methods: direct integration of files which can be delivered to SimCorp, as…
SimCorp hires from Northern Trust
J.R. Bogan has joined SimCorp as head of investment operations. Bogan spent 17 years at Northern Trust, most recently as a senior product manager for its investment operations business.
Illinois Firefighters consolidate with Northern Trust
The Illinois Firefighters’ Pension Investment Fund (FPIF) has selected Northern Trust to provide custody services for the combined pension assets of approximately 300 firefighter pension funds across suburban Chicago and downstate Illinois. Created by the Illinois Pension Code in 2019, the FPIF is responsible for consolidating, managing and investing the assets of municipal and fire…
State Street confirms ART deal
State Street has confirmed the news that first broke last year that it has been appointed to provide custody, investment administration and data management services to Australian Retirement Trust (ART), one of Australia’s largest super funds. ART was formed by the merger of Sunsuper and QSuper and manages >AUD230bn (USD160bn) in retirement savings for its…
Zodia moves into Japan with SBI
Zodia Custody, the UK-based crypto asset servicing provider for institutional investors, and SBI Digital Asset Holdings Co., Ltd. have entered into definitive agreements to launch a joint venture in Japan. Subject to anti-trust and foreign direct investment clearances, and licences from the Japanese regulator, the Financial Services Agency, the joint venture will act as a…
Zodia adds to BD team
Suren Ravindra has joined Zodia Custody as a business development manager, based in the UK. He was previously at Digivault.
Northern Trust hires from JPM
Northern Trust has appointed Natalie Leaver as head of asset owner business development, UK & Ireland. She replaces Ian Hamilton, who has been appointed head of UK asset owners, succeeding Mark Austin, who has been named pensions sector lead for EMEA. She joins from J.P. Morgan, where she spent 17 years, most recently as head…
NZ Super renews with Northern Trust
New Zealand’s sovereign wealth fund, the NZD58.7bn (USD37.2bn) NZ Super Fund, has renewed its longstanding asset servicing and custody relationship with Northern Trust, which will continue to provide global custody, compliance monitoring and securities lending services. The fund first appointed Northern Trust in 2007.
Zodia appoints new CEO
Zodia Custody, the UK-based crypto custody service from Standard Chartered in association with Northern Trust, has appointed Julian Sawyer as its new chief executive. Sawyer takes over from Maxime de Guillebon, who was seconded from Standard Chartered’s innovation unit, SC Ventures, in 2020. Sawyer was most recently CEO of Bitstamp, a crypto exchange.