Northern Trust Corp (NTRS) News & EventsNTRSNews & EventsNorthern Trust Corp

Northern Trust Expands Partnership with First Sentier, Becomes $14B Fund Administrator

Northern Trust announced it has expanded its relationship with First Sentier Group, having been appointed fund administrator and depositary for First Sentier Group's Irish fund, the First Sentier Investors Global Umbrella Fund. Northern Trust will provide custody, depositary, fund accounting and transfer agency for the $14B Irish fund structure. Meliosa O'Caoimh, Ireland Country Head at Northern Trust, said: "Our continued work with First Sentier Group reflects the importance of consistent support across jurisdictions as clients expand their fund ranges. In Ireland, we combine local expertise with a global operating model, helping clients manage complexity while maintaining flexibility across structures, markets and investor requirements."

Northern Trust Partners with Lukka to Enhance Digital Asset Reporting

Northern Trust entered into an agreement with Lukka to deliver an institutional-grade digital asset reporting capability, expanding Northern Trust's service offering to include enhanced access to digital asset data. Founded to address complex financial challenges in the digital asset market, Lukka provides institutional-grade digital asset data infrastructure, software, and analytics designed to help organizations ingest, normalize, reconcile, and report on complex on- and off-chain activity. The firm's platform supports institutional use cases across digital asset data management, reporting, valuation, compliance, and risk workflows. The new capability provides clients with enhanced reporting on digital asset data, including transaction history and point-in-time balances with historical views. The service is designed to address the growing need for reliable, scalable reporting as institutional participation in digital assets accelerates.

Northern Trust Launches U.S. ETF Servicing Platform

Northern Trust announced the launch of its U.S. exchange-traded fund servicing platform, beginning with its appointment by Harding Loevner to provide ETF servicing solutions for its first U.S. ETF, the International Developed Markets Select Equity ETF. "ETFs continue to benefit from powerful structural tailwinds that are driving broader investor adoption and sustained industry growth, and our clients are increasingly looking for a single, strategic partner to deliver services across both mutual funds and ETFs as those worlds converge," said Ryan Burns, Head of Global Fund Services, Americas at Northern Trust Asset Servicing. "This new capability is a natural extension of the full suite of asset servicing solutions Northern Trust provides to asset managers and positions us to help clients advance their evolving product strategies."