Northern Trust Announces Portfolio Analytics and Compliance Service

Northern Trust Hedge Fund Services has released a Portfolio Analytics and Compliance (PAC) service, a guideline testing and portfolio metrics service, allowing users to monitor characteristics and guidelines throughout their portfolios.

The service was created in order to address the increasing demands for transparency and operational controls faced by alternative investment managers. It will be made available to hedge fund managers, managed account platform sponsors, and other clients on Northern Trust’s Omnium technology platform.

Using a reporting engine, which is fully integrated into Northern Trust Hedge Fund Services’ platform, PAC can produce reports with custom metrics and calculations. These reports can cover shifts in portfolio liquidity, and risk profile monitoring, such as changes to interest rate, credit spread and volatility exposure.

The Hedge Fund Services team at Northern Trust customizes reporting outputs, in consultation with clients. They also carry out quality control on a daily basis; so that every client receives reporting and updates that enable them to effectively manage their portfolios.

“By leveraging the full range of data available in our systems, reports can support our clients’ needs from both a compliance and governance perspective”, says Peter Sanchez, head of Northern Trust Hedge Fund Services.

“Enhanced transparency and robust governance can be an important differentiator for alternative asset managers with prospective investors,” adds Sanchez.