Northern Trust said with the Unit Registry capabilities, it can offer investment managers in Australia a multiple product, single platform, one-stop-shop solution combining unit registry, unit pricing, tax, accounting, investment operations outsourcing, performance, risk and compliance services.
The service, offered through an agreement with Computershare, a provider of unit registry, share registration, employee equity plans, proxy solicitation and stakeholder communications, combines local expertise with a range of global capabilities.
Northern Trust Global Fund Services head in Australasia Nadia Ivanova said that the agreement with Computershare allows Northern Trust to provide local expertise, scale and operational excellence in unit registry services.
Northern Trust Australasia Managing Director Paul Cutts said that with the addition of Unit Registry capabilities, Northern Trust is now a full service provider for Australian fund administration and fund accounting.
