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Northern Trust introduces Advanced Client Communications for Investment Operations Outsourcing Clients

Northern Trust announced today that it will provide Investment Operation Outsourcing clients with an array of new client communications capabilities through an agreement with Equipos, a supplier of highly specialized client reporting and marketing communications software, including document management and business process management for investment managers.

"Client communication has never been more important to investment managers, who must navigate volatile financial markets while providing comprehensive data, analysis and advice to ease the uncertainty that investors are feeling," said Dan Houlihan, head of product and strategy for Investment Operations Outsourcing at Northern Trust. "Our agreement with Equipos keeps Northern Trust clients on the forefront of client communications by enabling timely, sophisticated communications through print, Web and video channels."

Under the agreement, Northern Trust will deploy the Equipos Coric STR software as part of its Investment Operations Outsourcing service. Coric provides a solution for complete investment management client communications including:

* Highly tailored and sophisticated client reporting
* Fund fact sheets, pitch books and other marketing collateral
* Support of all output formats including web reporting, video links and advanced graphics

The Equipos solution was created specifically for investment managers and supports complex requirements including custom branding and white-labelling, investment commentary, sophisticated graphic rendering capabilities and workflow across a broad range of client communications. In line with Northern Trust's strategic approach to delivering solutions, these capabilities will be fully integrated within Northern Trust's asset servicing platform.

"This agreement deploys our high-volume capabilities on Northern Trust's single, global technology platform, providing unmatched scale in communications support for Investment Operations Outsourcing clients," said Equipos Chief Executive Officer Alan Hamilton. "With Coric, Northern Trust can help investment managers differentiate themselves while serving their clients better through enhanced client communication across multiple channels."