Northern Trust gets custody mandate for US health facility
Latest news
Northern Trust gets custody mandate for US health facility 30 December 2011Chicago Reporter: Anna Reitman
Image: Shutterstock
Northern Trust has announced its selection by St Joseph Health System to provide custody and related services for the California-based not-for-profit's $1.8 billion operating assets. The offering will include investment risk and analytical services.
Lisa Laird, VP of investments and cash management for St Joseph Health System, cited the firm's dedication to client service and technology innovation, singling out the web-portal tool, Passport(R), as a key differentiator in the selection process.
"The Passport(R) system provides an intuitive tool that eases our data integration process, as well as allowing us to achieve efficiency while maintaining the highest standards of security and data integrity," she noted.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 