Northern Trust to leverage AltX鈥檚 big data solution
19 April 2016 Chicago
Image: Shutterstock
An exclusive agreement between AltX and Northern Trust to grant the bank鈥檚 institutional clients access to AltX鈥檚 hedge fund data platform has been confirmed.
The solution combines Northern Trust's asset servicing platform and AltX's hedge fund intelligence platform to provide improved manager and market insights, according to Northern Trust.
AltX offers access to more than five million data points, including over 70,000 hedge fund personnel profiles, 20,000 funds and 50,000 ADV filings.
鈥淭his new data solution raises the bar for asset owners,鈥� said Peter Cherecwich, Americas head of corporate and institutional services at Northern Trust.
鈥淭his exclusive agreement addresses our clients鈥� requirements for better transparency and clarity around their investments, ultimately helping them drive better business results.鈥�
Sam Hocking, CEO of AltX, added: 鈥淎sset owners around the globe continue to seek access to more granular data in ever more meaningful ways.鈥�
鈥淥ur expertise in data collation and 360-degree insights into the hedge fund industry, combined with Northern Trust's focus on delivering customised data solutions for asset owners, makes for a truly innovative and powerful combination.鈥�
The solution combines Northern Trust's asset servicing platform and AltX's hedge fund intelligence platform to provide improved manager and market insights, according to Northern Trust.
AltX offers access to more than five million data points, including over 70,000 hedge fund personnel profiles, 20,000 funds and 50,000 ADV filings.
鈥淭his new data solution raises the bar for asset owners,鈥� said Peter Cherecwich, Americas head of corporate and institutional services at Northern Trust.
鈥淭his exclusive agreement addresses our clients鈥� requirements for better transparency and clarity around their investments, ultimately helping them drive better business results.鈥�
Sam Hocking, CEO of AltX, added: 鈥淎sset owners around the globe continue to seek access to more granular data in ever more meaningful ways.鈥�
鈥淥ur expertise in data collation and 360-degree insights into the hedge fund industry, combined with Northern Trust's focus on delivering customised data solutions for asset owners, makes for a truly innovative and powerful combination.鈥�
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
