12 December 2017
visit http://response.ncr.com

Northern Trust launches securities lending dashboard

25 August 2009  |  1817 views  |  0 Source: Northern Trust

Northern Trust announced today that it has completed the launch of a specialized securities lending technology and reporting platform designed to provide clients with transparent, continuous and timely information on their lending program.

Customized to each individual client, the reporting enhancements display as a dashboard on Northern Trust Passport and provide securities lending clients with key metrics without the need for running reports.

"We are very pleased with our new reporting technology, which provides our securities lending clients with an increased level of transparency and information," said Andy Clayton, Head of Global Securities Lending at Northern Trust. "In light of the current market environment, clients are interested in easily accessible information on their securities lending program and collateral reinvestment options, and we strive to provide this information in the most technologically advanced way possible."

The new Securities Lending Dashboard provides a snapshot of data that is specific to each client. This snapshot includes information such as loan and collateral balances, total earnings on lendable assets, and investment maturity profile and credit ratings. It also provides collateral pool-specific information, including market value of the pool and the client's percentage of ownership. As part of Northern Trust's strategic reporting plan, additional information regarding counterparty credit ratings and loan details will be added in the coming weeks.

An additional section within the dashboard highlights commentary including Securities Lending Market Intelligence, an electronic monthly newsletter, and collateral pool-specific commentary for navigating the current financial landscape.

Clients have already begun to utilize this new reporting functionality. "With today's constantly changing market environment, it is important to us that we have access to our securities lending portfolio information on a daily basis," said Joe Williams, Manager of Investment Operations at Georgia Tech Foundation. "This dashboard presents our key metrics in a clear, concise manner that makes it easy to quickly find, analyze, and monitor our securities lending performance."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit http://info.nice.comvisit www.response.ncr.comvisit www.aciworldwide.com

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11766 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8599 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7049 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6757 views comments | 19 tweets | 11 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
6560 views comments | 17 tweets | 35 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job