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Northern Trust and EDS Selected by Cornerstone FTM for Research Management and Portfolio Construction Capabilities
Last northern trust corporation earnings: 4/21 07:29 am
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US:NASDAQ Investor Relations: northerntrust.com/about-us/investor-relations
Asset manager demand for advanced front-office support propels growth of Investment Data Science business at Northern Trust CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that Cornerstone FTM, a financial technology focused investment fund, has selected Northern Trust and its strategic partner, Equity Data Science (EDS), for Research Management System (RMS) and Portfolio Construction solutions. Cornerstone will also leverage Northern Trust custody and hedge fund administration services, and data visualization and ingestion capabilities from EDS.This new collaboration highlights the continued growth momentum of Northern Trust’s Investment Data Science (IDS) product suite, of which EDS is a key partner. In the last 12 months, IDS has more than doubled the number of clients that utilize its services.“The solutions available through Northern Trust and EDS support our critical processes and decision-making from front to back office,” said Jean-Jacques Louis, CIO
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