Northern Trust (Chicago), provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide, has added a new online system to its corporate cash custody and asset services designed to help corporations manage their balance sheet cash reserves more effectively. The offering complements the market-leading Investment Risk and Analytical Services solutions that Northern Trust currently provides to institutional investors.
The Clearwater Analytics (Boise, Id.) system for accounting, performance, compliance and risk reporting is fully integrated with Northern Trust's online data delivery platform, Passport.
The Clearwater Analytics platform includes full and actionable risk analytics with drill-down functionality for issuer concentration, index comparison and credit watch; accurate, timely accounting reports with flexible fiscal calendars and general ledger upload functionality; and customized daily, security-level compliance monitoring in relation to investment policy with automated violation alerts.