Northern Trust has received the 2016 U.S. Mutual Fund Services awards for Best Administrator, Technology and Reporting and Best Custody Services.
The awards, sponsored by Fund Intelligence, recognize demonstrated success in customer and revenue growth as well as innovation.
“Northern Trust doesn’t just talk about the technology. It acts and radically evolves based on good ideas and by working with its customers,” the Fund Intelligence team said in a statement.
Fund Intelligence recognized Northern Trust for its regular platform updates and strong custody client communications while also highlighting the firm’s sophisticated service offerings.
“We are delighted to be recognized by Fund Intelligence for our technology and custody solutions,” Dan Houlihan, head of Northern Trust Global Fund Services in North America, said. “We strive for consistent innovation, especially as fund managers adapt to a rapidly changing regulatory environment and growing complexity of data.”
Northern Trust’s Global Fund Services unit provides fund administration and investment operations outsourcing solutions to hundreds of asset managers around the world.
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