Northern Trust Stock Price, News & Analysis

Northern Trust (Nasdaq: NTRS) has launched the Market Risk Monitor solution to enhance its risk analytics offerings for institutional investors, including pension funds. This new service integrates a comprehensive library of key risk indicators, such as stress tests and value-at-risk measures, accessible through the RADAR digital dashboard. Developed in partnership with Confluence Technologies, the solution provides insights into clients' asset and liability risk profiles. As of December 31, 2022, Northern Trust managed assets totaling US$1.2 trillion and had US$13.6 trillion under custody.

Northern Trust (Nasdaq: NTRS) has announced a collaboration with Appian (Nasdaq: APPN) to enhance the net asset value (NAV) workflow for private capital fund managers. This partnership aims to create a secure digital experience, improving efficiency and data security across the NAV production lifecycle. The new digital portal will allow fund managers to communicate instructions, review documents, and approve actions, reducing reliance on email for sensitive communications. This initiative is part of Northern Trust's broader digital transformation strategy, Whole Office™. As of December 31, 2022, Northern Trust managed assets under administration of US$13.6 trillion.

Northern Trust's Integrated Trading Solutions business has more than doubled since 2020, gaining 22 new clients in 2022 alone. The firm now serves over 90 clients globally, providing essential outsourced trading services to asset managers seeking efficiency. This growth highlights the increased demand for innovative trading solutions that reduce costs and enhance operational efficiency.

As of December 31, 2022, Northern Trust managed assets of US$1.4 trillion and had assets under custody of US$14.8 trillion. The company's continuous investment in technology and global trading expertise positions it as a leader in the financial services sector.

Northern Trust (Nasdaq: NTRS) has been appointed by the Dutch pension scheme, Stichting Pensioenfonds Openbare Bibliotheken (POB), to deliver global custody and compliance monitoring services. POB, established in 1957, manages approximately EUR2.3 billion (about US$2.5 billion) and serves around 25,000 members in the library sector. POB values Northern Trust’s deep understanding of the Dutch pensions sector and its commitment to social responsibility, including employee volunteerism in libraries. Northern Trust has over three decades of experience supporting Dutch clients, aligning its services with evolving pension scheme complexities.

Northern Trust Corporation (NASDAQ: NTRS) announced that it will webcast its Q1 2023 earnings conference call on April 25, 2023, at 8:00 a.m. (CT). The earnings press release and related materials will be accessible on Northern Trust’s website. A replay will be available for approximately four weeks post-call. Northern Trust, founded in 1889 in Chicago, manages assets totaling US$13.6 trillion under custody and US$1.2 trillion under management.

Northern Trust (Nasdaq: NTRS) has been chosen by South Shore Regional Centre for Education (SSRCE) and Tri-County Regional Centre for Education (TCRCE) to deliver custody and benefit payment services for their CUPE Staff and Support Staff defined benefit pension plans. SSRCE oversees 26 schools, while TCRCE manages 23 schools across Nova Scotia. Northern Trust impressed the boards with its extensive experience in managing complex pensions in Canada. Executives expressed enthusiasm for supporting the educational sector's pension needs, highlighting Northern Trust's long-standing expertise in this area.

Northern Trust announces its third annual Wealth Planning Symposium, a virtual event on April 27, featuring keynote speakers Barbara Pierce Bush and Lauren Bush. The event aims to explore innovative strategies in wealth management amidst ongoing economic challenges. Attendees can earn up to six continuing education credits. The symposium, themed 'The Power of Resilience', focuses on preparing families and advisers to adapt to market uncertainties. With $351.4 billion in assets under management as of December 31, 2022, Northern Trust continues to lead in wealth management services.

Northern Trust (Nasdaq: NTRS) announced a decade-long commitment, donating over $165 million to non-profits, with $19 million in 2022 alone, assisting food security, housing, healthcare, and education initiatives. Employees contributed beyond 1 million volunteer hours in the last ten years, with a significant uptick during the "Achieving Greater Together" campaign, where participation surged 150%. Key partnerships include support for La Casa Norte for housing, East End Community Foundation for education, and Bangalore Medical Services Trust for healthcare access, enhancing community well-being and financial stability.