Northern Trust has enhanced its post-trade compliance platform to provide institutional investors with more flexibility and control in monitoring investment activity across portfolios.
According to Northern Trust, it will now deliver a new version of its proprietary automated monitoring system, Compliance Analyst, and its online reporting and workflow tool, RADAR.
Northern Trust’s global asset owner clients, including pension funds, public institutions and insurance companies, can adopt this technology to monitor their manager’s compliance with prescribed rules and understand the reasons behind any investment policy breaches.
Compliance Analyst offers expanded data coverage and system functionality, delivering transparency across portfolios quickly and intuitively.
Through RADAR, clients can also draw on new dashboard and workflow tools making it easier to monitor portfolios at-a-glance, identify breaches and take action to address them.
Ian Castledine, global head of integrated research approval system (IRAS) product management at Northern Trust, said: “This redesign of our compliance monitoring capability helps our clients achieve their governance and investment compliance objectives in the most efficient and effective way.”
He added: “Used alongside our extensive range of investment risk and performance analytical tools, this offers a step-change in how clients can monitor, manage and understand the full scope of their investment activities.”
