Northern Trust Capital Markets saw growth in its integrated trading solutions business more than double over the past three years, with 22 new clients added in 2022 as asset managers choose the platform for their outsourced trading needs.
The business currently has more than 90 clients across the globe, including in the United States, the United Kingdom, the Netherlands, Switzerland, Australia, New Zealand and Asia.
“Achieving alpha is more difficult than ever before, and by outsourcing their trading function, clients can focus on investment decisions that deliver meaningful results,” says Glenn Poulter, global head of brokerage at Northern Trust.
Northern Trust says its outsourced trading capability combines worldwide trading expertise in equities and fixed income, exchange-traded derivatives, futures and exchange-traded funds across global markets.
The platform seeks to provide coverage from multiple trading locations, access to high-quality liquidity, and fully integrated middle and back-office service. It aims to help asset owners and asset managers to lower costs, reduce risk, manage regulatory compliance, and enhance transparency and operational efficiency.