Northern Trust (NT) has upgraded its Easy Event Reporting tools to provide clients with expanded options for monitoring exposure to credit, liquidity, concentration and regulatory risks. NT has said that the tools allow clients to trigger an inquiry for a specific business need and to receive data and analytics to guide decisions.
Available through NT’s online platform – Passport, the tools integrate data mining on multiple risk exposure categories in order to answer client requests. The new risk categories available in the Easy Events Reporting tool include, Monitoring Market/Concentration Risk, Monitoring Credit/Counterparty Risk, Monitoring Liquidity Risk and Monitoring Regulatory Risk.
Paul d’Ouville, head of Global Product Management for Corporate & Institutional Services at NT, said: We continually work to improve the level of transparency available to our clients. These enhancements to Easy Event Reporting allow clients to more easily view currency and other risk exposure in their portfolios, and help address key risk management tasks that have become a top priority.
Chicago-based Northern Trust Corporation is a provider of investment management, asset and fund administration, fiduciary and banking solutions.
