LONDON--([ BUSINESS WIRE ])--Northern Trust (Nasdaq: NTRS) has been named Best Outsourcing Services Company at The Compliance Register Platinum Awards 2011 held in London on 17th November. The awards, now in their eighth year, provide recognition for aexemplary service to compliance and regulationa as well as raising funds for selected charities.
"Fund managers are under pressure to be more efficient and streamline the back office, as well as adapt to new regulations and the tightening of governance"
Candidates are nominated by independent third parties such as clients, members of the public and industry professionals. These nominees are then voted on by two independent panels made up of distinguished industry practitioners, with strict rules of impartiality.
aWe are delighted to be named Best Outsourcing Services Company,a said Toby Glaysher, head of Global Fund Services (GFS) for Europe, Middle East and Africa at Northern Trust. aNorthern Trust has a fully tailored, automated, component outsourcing service for trade matching and we continue to see a steady demand for our investment operations outsourcing services.a
The Compliance Register is an international organisation for compliance professionals and senior executives within the financial services industry. The organisation aims to ensure industry excellence through promoting quality standards, best practice and efficiency across financial services, and offers a large support network to its members.
aWe are pleased to recognise Northern Trust as a market leading outsourcing provider,a said Ben Goh, chairman at Compliance Register. aTheir award came following a strong client nomination which highlighted Northern Trustas excellent level of service as well as their ability to respond effectively to the latest industry developments.a
aFund managers are under pressure to be more efficient and streamline the back office, as well as adapt to new regulations and the tightening of governance,a said Clive Bellows, Country Head a" Ireland, at Northern Trust. aAn increase in the use of alternative asset classes and more complex instruments also supports investment mangersa demand for a provider who can do everything to support their investment decisions, enabling them to focus their resources on core activity.a
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2011, Northern Trust had assets under custody of US$4.1 trillion, and assets under investment management of US$644.2 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit [ www.northerntrust.com ].
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.
The Northern Trust Company, London Branch (reg. no. BR001960), Northern Trust Global Investments Limited (reg. no. 03929218) and Northern Trust Global Services Limited (reg. no. 04795756) are authorised and regulated by the Financial Services Authority.
The material within and any linked material accessed via this communication is directed to eligible counterparties and professional clients only and should not be distributed to or relied upon by retail investors. For Asia Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.
Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (Guernsey) Limited, and Northern Trust International Fund Administration Services (Guernsey) Limited are licensed by the Guernsey Financial Services Commission. Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey Financial Services Commission. Northern Trust International Fund Administration Services (Ireland) Limited, Northern Trust Securities Services (Ireland) Limited and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the Central Bank of Ireland. Northern Trust Global Services Limited has a Luxembourg Branch, which is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF). Northern Trust Luxembourg Management Company S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Northern Trust Global Investments Limited has a Netherlands branch, which is authorised by the Financial Services Authority and subject to regulation in the Netherlands by the Autoriteit Financile Markten. Northern Trust Global Services Limited has a Netherlands Branch, which is authorised and regulated in the Netherlands by De Nederlandsche Bank. Northern Trust Global Investments Limited has a Sweden branch, which is authorised by the Financial Services Authority and subject to regulation in Sweden by the Finansinspektionen. Northern Trust Global Services Ltd (UK) Sweden Filial is authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen. Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office. Our registered office is authorised and regulated by the Central Bank of the United Arab Emirates. The Northern Trust Company operates in Australia as a foreign authorised deposit-taking institution (foreign ADI)and is regulated by the Australian Prudential Regulation Authority. The Northern Trust Company has a branch in China regulated by the China Banking Regulatory Commission. The Northern Trust Company of Hong Kong Limited is regulated by the Hong Kong Securities and Futures Commission. Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency. The Northern Trust Company has a Singapore Branch, which is a foreign wholesale bank regulated by the Monetary Authority of Singapore. The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch, which is an authorised foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorised trust company under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation.
IRS CIRCULAR 230 NOTICE: To the extent that this message or any attachment concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law. For more information about this notice, see [ http://www.northerntrust.com/circular230 ].