Northern Trust (Nasdaq: NTRS) has enhanced its post-trade compliance platform to provide institutional investors across the globe with significant flexibility and control in monitoring investment activity across portfolios.
These latest enhancements from Northern Trust’s Investment Risk and Analytical Services (IRAS) group deliver a new version of its proprietary automated monitoring system Compliance Analyst®, and its online reporting and workflow tool Compliance RADAR™.
Northern Trust’s global asset owner clients, including pension funds, public institutions and insurance companies, can adopt this technology to actively monitor their manager’s compliance with prescribed rules – such as limiting exposure to a particular asset or asset class – and understand the reasons behind any investment policy breaches.
The new Compliance Analyst® offers expanded data coverage and enhanced system functionality, delivering transparency across portfolios quickly and intuitively. Through Compliance RADAR™, clients can also draw on new dashboard and workflow tools making it easier to monitor portfolios at-a-glance, identify breaches and take action to address them.
“This redesign of our compliance monitoring capability helps our clients achieve their governance and investment compliance objectives in the most efficient and effective way,”said Ian Castledine, global head of IRAS product management at Northern Trust. “Used alongside our extensive range of investment risk and performance analytical tools, this offers a step-change in how clients can monitor, manage and understand the full scope of their investment activities.”