Category: NTRS

Northern Trust has joined Project Ensemble, a Hong Kong Monetary Authority initiative, to help develop an experimental framework for cross-border trading of digital carbon credits. The collaboration aims to explore how overseas investors can access tokenised voluntary carbon credits traded in Hong Kong. The project will be supported by the Northern Trust Carbon Ecosystem, a…

FINBOURNE, the UK-based provider of investment technology, has appointed Toby Glaysher as chairman of the board, alongside the formation of a new advisory board. Glaysher recently retired after a 37-year career at Northern Trust, most recently serving as president of global fund services. Northern Trust signed a major deal with FINBOURNE in 2024.

Northern Trust has entered into a service agreement with UK-based Ecosystem Certification Organisation (ECO) to provide recordkeeping and settlement services for digital carbon credit units issued to project developers under the Natural Forest Standard (NFS), which is administered and governed by ECO. Under the agreement, Northern Trust will record the Natural Capital Credits generated by…

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…

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…

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…

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…

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.