Solutions for %cname%'s Whole Office

Solutions for %cname%'s Whole OfficeProof of conceptContents

Thank you for reading EMEA C&IS Sales RFP Response POC

For decades, the investment industry has treated the front, middle and back office as independent functions, often leaving asset managers and asset allocators with multiple technologies, vendors and workflows that can create inefficiency and result in unnecessary costs. We believe these artificial distinctions are outdated. Enabled by advances in technology and approach, we’ve set aside legacy thinking to offer an open architechture “whole office” ecosystem that delivers scale, efficiency, and flexibilty across the investment lifecycle.

OPEN ARCHITECTURE SOLUTIONS FOR AN EVOLVING LANDSCAPE

Whole Office isn’t a single solution or platform. Rather it’s a philosophy of designing solutions that deliver across the investment lifecycle, from data science and behavioral analytics, to research and investment insights, to outsourced execution solutions through to year-end financials.

Strategy and Trading

Integrated Trading Solutions

Front Office Solutions (Via Paralux)

Oms Integration (e.g. Aladdin, Bloomberg AIM, Eze, Chales River)

Currency Management (via Lumint)

Algorithmic FX (via BEx)

Operations and Administration

Data vendor integration (e.g. Markit, Bloomberg)

Market infrastructure (e.g ASX, BondEvalue)

Collateral optimization (with AcadiaSoft)

Blockchain PE (via Bloomberg)

100 and Middle Office services

Insight and Analytics

Investment Risk and Analytical Services (Incl. DataDirect)

ESG Analytics (with IdealRatings)

Integrated (third party) solutions (e.g. Two Sigma, MSCI/Barra)

Risk vendors (e.g. RiskSpan, FactSet)

Data and Digital

NT Passport

Front Office Solutions

Omnium Dashborads

Transactional Apps

Northern Trust API Store

Data as a Service

The Whole Office approach starts with a strong and scalable operational core – our global asset servicing platform – integrated with a spectrum of proprietary, hybrid, and third party technology, capability and data solutions that span the entire value chain. Our open platform provides clients with optionality, flexibility and maximum interoperability to support each organization’s unique strategy and business goals.Our ultimate aim is to make it easy for clients to access – and take advantage of – new technologies, services and solutions in today’s rapidly evolving market.

The ecosystem includes:

BUY, BUILD, AND PARTNER

Whole Office offers a best of all worlds proposition: we don’t need to own every underlying technology or system. Our proprietary platform is powerful, global and fully integrated to support efficient core processing. We’ve paired that with a best-of-breed approach to provide the flexible, customized solutions our clients require:

Proprietary technologies and delivery tools built by Northern Trust experts, leveraging client feedback and human-centered design principles (e.g. Omnium) for middle office and hedge fund administration

Advanced capabilities enabled through strategic investments with best-in-class tech providers (e.g. Parilux) for Front Office Solutions to achieve an integrated technology and service solution for multiasset class portfolios

Partnered technology and service solutions developed in conjunction with specialist third party platforms (e.g. Lumint) for Currency Management

Client-directed capabilities for clients who want to pair our platform with a user-defined data vendor or technology solution (e.g. BlackRock Aladdin, Bloomberg AIM, Simcorp)

Clients can ‘plug-in’ and take services from our open platform on a component or fully outsourced basis, depending upon the activities they wish to outsource or keep in-house. This can evolve over time as business needs change.

Our strategy is supported by continual investment with more than $3.4B committed to technology spend over the next three years alone.

ENABLING BETTER INVESTMENT DECISIONS

Whole Office is also more than a new approach to technology integration. We’re creating comprehensive and highly customized solutions that can help inform the investment process, with the aim of driving better investment outcomes.

Examples include:

Integrated Trading Solutions:
outsourced trade execution for scale, resiliency, expertise, and access to deep and unique pockets of liquidity

Front Office Solutions:
helping asset allocators better manage the complexity of multi-asset portfolios and navigate operational due diligence needs, across public and private market assets

Tailored FX Solutions:
from direct dealing and custody FX, to support for algorithmic trading, to advanced currency management/overlay (including look through), to fully outsourced dealing capabilities

What is Whole Office?

An advanced multi-asset class solution serving multiple market participants (asset managers, asset owners, investors, third party administrators)

An ecosystem that comprises integrated technology and capabilities across the entire investment lifecycle

Open architecture so clients can “plug” into systems and services to suit their business goals and investment objectives

Buying, building and partnering with emerging technology and specialist service providers to help clients keep pace – and get ahead of – industry change