Tag: middle-office

Northern Trust's technology launches have been focused on providing added transparency and enhancing investor experience for hedge funds.

Expanding its middle-office capabilities has been a strategic focus for JP Morgan’s custody and fund services business for a number of years.

Northern Trust has recently made a number of technological advancements for its hedge fund, asset manager and asset owner clients.

The AIS division has fast emerged as a key strategy area for the bank’s fund administration business as it looks to target alternative investment managers.

RBC I&TS is currently two years into a four-year programme of digitally transforming its back- and middle-office services globally.

NPS will also outsource, for the first time, its middle-office processes for all of its overseas investments to State Street.

CrossWise was launched earlier this year for asset managers to optimise their operating model by combining its front and back-office services.

Peter Sanchez, Northern Trust’s head of North America Alternative Investment Services, gives his view on how the custodian has dealt with being the independent verifier for Bridgewater Associates.

Middle-office outsourcing has been highlighted as one of the most preferred methods to cut costs at asset management firms

The alliance will also enable buy-side clients of Charles River to manage their entire trade life cycle using automated straight through processing (STP).