Northern Trust has been mandated to provide custody and related services, including investment risk and analytical services, for the $1.8 billion operating assets of St. Joseph Health System (SJHS) in Orange, California. SJHS provides a full range of care facilities including acute care hospitals, home health agencies, hospice care and outpatient services, throughout California, Texas and New Mexico.
Northern Trust distinguished itself in the selection process with a dedication to client service and technology innovation, and particularly with their web-portal Passport, said Lisa Laird, vice president of Investments and Cash Management for St. Joseph Health System. The Passport system provides an intuitive tool that eases our data integration process, as well as allowing us to achieve efficiency while maintaining the highest standards of security and data integrity.
Northern Trust is committed to meeting the asset servicing needs of leading not-for-profit institutions like St. Joseph Health System, said Laurie Neu, group head for Public Entities and Institutions at Northern Trust.
(JDC)