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Stock impact report

Northern Trust Selected by $15 Billion Sacramento County Employees’ Retirement System for Asset Servicing

Northern Trust Corporation (NTRS) 
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced it has been selected by Sacramento County Employees’ Retirement System (SCERS) to provide a range of asset servicing and outsourced solutions, including global custody, securities lending, and accounting services.SCERS, a $15 billion multiple-employer public retirement system established in 1941, serves eligible public employees of Sacramento County by prudently managing assets and delivering retirement, disability, and survivors’ benefits.As part of the engagement, Northern Trust will deliver integrated financial reporting and accounting services designed to streamline quarterly reporting and year-end processes, including Annual Comprehensive Financial Report (ACFR) production. SCERS selected Northern Trust based on the firm’s advanced technology capabilities, high-caliber client service model, defined transition approach with a dedicated transition team, and long-standing commitment to serving public funds.“ Show less Read more
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