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Northern Trust launches Intraday Automated Updates for global hedge fund managers

Monday, June 20, 2011
Opalesque Industry Update: Northern Trust has enhanced its Hedge Fund Monitor product with a series of new features designed to improve automation and straight-through processing, enabling Northern Trust's Funds of Hedge Funds (FoHF) clients across the globe to access performance, liquidity and compliance data throughout the day.

Automation updates to Northern Trust's Hedge Fund Monitor(TM) product enable Northern Trust clients to now enter multiple trades on a single screen, including multiple trades on a single portfolio and, significantly, to instruct a single trade and allocate it across multiple portfolios.

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