CHICAGO--(BUSINESS WIRE)--Northern Trust and BI-SAM today announced an agreement to integrate BI-SAM’s B-One® Fixed Income Attribution models into Northern Trust’s multi-faceted web portal, Passport®.
The agreement with BI-SAM, a leading provider of software and services to the global performance, attribution and reporting industry, will strengthen Northern Trust’s fixed income portfolio analysis capabilities for custody and fund administration clients. Integrating BI-SAM’s attribution models with Passport’s tools will allow investors to further analyze the key determinants of performance with multi-factor, asset-level detail on market and manager decisions affecting the portfolio’s return.
“After a detailed review of global fixed income attribution models, BI-SAM appeared as an ideal solution for Northern Trust,” said Anthony Stevens, Practice Head for Investment Risk & Analytical Services in the EMEA (Europe, Middle East and Africa) region at Northern Trust. “By integrating the BI-SAM security-level attribution data into our existing product offerings, Northern Trust will be able to provide granular analysis of portfolio returns across a broad range of securities to distill meaningful summaries across manager specific classifications.”
“We are excited that Northern Trust has chosen to work with BI-SAM,” said Anthony Howland, Chief Operating Officer of BI-SAM Ltd. “We look forward to working with Northern Trust to help them and their clients benefit from our extensive experience in fixed income attribution modelling.”
About B-One®
B-One® is BI-SAM’s award winning performance & equity, fixed income, risk attribution, GIPS administration and reporting solution that fully integrates with the middle & back office operations of Investment Management companies. This enterprise solution leverages a single database to deliver validated attribution results to performance teams, investment managers and their marketing operations via an easy-to-use browser-based user interface and advanced reporting solution. B-One® delivers improved scalability and client service whilst reducing operational risk in today’s complex and integrated technology environment.
About BI-SAM
Business Intelligence Solutions for Asset Management (BI-SAM) was created in 2000 by experts in asset management, new technology and strategy and organisation consulting. In ten years, BI-SAM has become a market reference for performance measurement & attribution and reporting solutions. Its integrated and innovative solution has already been adopted by many renowned asset managers in France, UK, US, Belgium, Finland, Canada, Switzerland, Luxemburg, Hong Kong and Singapore.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2011, Northern Trust had assets under custody of US$4.2 trillion, and assets under investment management of US$644.2 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com.
The Northern Trust Company, London Branch (reg. no. BR001960), Northern Trust Global Investments Limited (reg. no. 03929218) and Northern Trust Global Services Limited (reg. no. 04795756) are authorised and regulated by the Financial Services Authority.
The material within and any linked material accessed via this communication is directed to eligible counterparties and professional clients only and should not be distributed to or relied upon by retail investors. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.
- Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (Guernsey) Limited, and Northern Trust International Fund Administration Services (Guernsey) Limited are licensed by the Guernsey Financial Services Commission.
- Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey Financial Services Commission.
- Northern Trust International Fund Administration Services (Ireland) Limited, Northern Trust Securities Services (Ireland) Limited and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the Central Bank of Ireland.
- Northern Trust Global Services Limited has a Netherlands Branch which is authorised and regulated in the Netherlands by De Nederlandsche Bank.
- Northern Trust Global Services Limited has a Luxembourg Branch which is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF).
- Northern Trust Luxembourg Management Company S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF).
- Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office, Licence number 13/238/2008 which is authorised and regulated by the Central Bank of the United Arab Emirates.
- The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch which is an authorized foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorized trust company under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation.
- Northern Trust operates in Australia as a foreign authorised deposit-taking institution (foreign ADI) and is regulated by the Australian Prudential Regulation Authority and the Australian Securities & Investments Commission (AFS Licence No: 314970).
- The Northern Trust Company of Hong Kong Limited is a securities company regulated by the Securities and Futures Commission.
- The Northern Trust Company has a Singapore Branch which is a foreign wholesale bank regulated by the Monetary Authority of Singapore.
- The Northern Trust Company has a branch in China regulated by the China Banking Regulatory Commission.
- Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency.
- Northern Trust Global Services Ltd (UK) Sweden Filial is Authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen.
- Northern Trust Global Investments Limited has a Netherlands branch which is authorised by the Financial Services Authority and subject to regulation in The Netherlands by the Autoriteit Financiële Markten.
- Northern Trust Global Investments Limited has a Sweden branch which is authorised by the Financial Services Authority and subject to regulation in Sweden by the Finansinspektionen.