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Fund services news

Northern Trust to provide FX solution for Strategic Global Advisors


18 December 2020 US
Reporter: Maddie Saghir

Generic business image for news article
Image: steheap/Adobe Stock
Northern Trust has been selected by Strategic Global Advisors to provide middle office outsourcing and outsourced foreign exchange dealing through its complete foreign exchange (FX) service.

Strategic Global Advisors sought a provider to help scale its growing business and institutionalise processes and workflows and Northern Trust was selected for its client servicing approach.

Northern Trust’s product capabilities, advanced technology and commitment to middle office outsourcing for investment managers also attracted Strategic Global Advisors.

Cynthia Tusan, CEO of Strategic Global Advisors, commented: “The Northern Trust team is an exceptional group of talented individuals who are committed to being not just a vendor, but also a partner.”

Tuscan continued: “During these challenging months they have demonstrated patience and professionalism while delivering on deadlines and helping us meet our objectives.”

Ryan Burns, head of global fund services, Americas at Northern Trust, said: “We look forward to a great partnership with Strategic Global Advisors, supporting their focus on consistent investment outcomes for their clients.”

“Our whole office approach to providing solutions across the entire investment lifecycle, combined with our service and technology approach to FX, ensures that we are well positioned to help Strategic Global Advisors achieve their objectives,” added Burns.

Northern Trust recently renewed its three-year collaboration between its global family and private investment offices group and the Wharton Global Family Alliance, a research forum created by the Wharton School and the CCC Alliance.
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