Northern Trust announced has launched a mobile version of its web portal, Passport.
Available to institutional clients around the globe, the mobile application of Passport supports clients in their need to quickly get the information they need from custody or fund administration accounts to mitigate risk and make informed investment decisions.
The new mobile application is accessible with most mobile devices that have internet service. The design and layout of the mobile version of Passport was created to optimise the space constraints of the smaller screens on smart phones and other hand-held devices. Along with addressing the visual elements of a mobile experience, functionality was designed to better leverage a mobile platform.
"We strive to meet the continually evolving needs of our corporate and institutional clients," says Geordan Capes, head of the Passport Product Development group at Northern Trust. "As investment complexity grows, it is even more important to leverage the latest technologies to allow clients to stay connected wherever they are and quickly retrieve the data they need to make informed decisions."
The initial release of the Passport mobile application focuses on delivering accounting information, current and projected cash balances, and security exposure information to mobile devices. Subsequent releases will add additional data types and functionality.