CHICAGO--([ BUSINESS WIRE ])--Northern Trust has added client collateral to the asset categories monitored by its Exposure Analysis tool, helping institutional clients to gather and aggregate complex information at the fund or plan level.
"Our clients want to be certain they have solid risk management and compliance oversight programs in place. The Exposure Analysis tool is just one development in our continuing line of innovations aimed at enhancing the tools available to our clients."
Exposure Analysis provides institutional investors and asset managers with a quick understanding of the impact on a fund or plan from exposure to a single entity as soon as market events occur. Available on Northern Trust's multifaceted web portal, Passport, the tool now provides information on collateral positions in an entity as well as market exposure to physical assets and counterparty exposure to over-the-counter derivative transactions.
aOur Exposure Analysis tool provides clients with a better picture of the overall effect of market and counterparty risk,a said Debra Clayton, Product Manager for Corporate & Institutional Services at Northern Trust. aAs the market has evolved and clients seek more transparency into their portfolios, our tools have been enhanced to allow our clients to monitor their exposure to determine how their fund or plan may be impacted.a
Clients around the world can enter a security identifier or issuer name via Exposure Analysis and immediately receive total client collateral positions in any one entity across asset types and accounts. The tool gives custody clients a robust view of their collateral positions through amount, location, and status of collateral. The addition of collateral exposure to market, counterparty, and securities lending positions provides a further view of client portfolio exposure.
Paul d'Ouville, head of Northern Trust's C&IS Global Product Management Group, said, "Our clients want to be certain they have solid risk management and compliance oversight programs in place. The Exposure Analysis tool is just one development in our continuing line of innovations aimed at enhancing the tools available to our clients."
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 June 30, 2012, Northern Trust had assets under custody of US$4.6 trillion, and assets under investment management of US$704.3 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 ] or follow us on Twitter @NorthernTrust.
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