Northern Trust Introduces Market Risk Monitor: Latest Asset Servicing Technology Development

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Northern Trust has launched Market Risk Monitor, which provides institutional investors with key risk indicators, including stress tests, sensitivity shocks, and value-at-risk measures. The solution uses RADAR, Northern Trust’s digital dashboard for performance, risk, compliance, and ESG analytics. Market Risk Monitor uses Confluence Technologies’ RiskAPI product, along with a data management and processing layer, to deliver clients insights into the market risk profile of their assets and liabilities on an absolute and relative basis. The product covers derivatives, public and private market assets. Northern Trust’s integrated trading solutions business has seen considerable growth over recent years, gaining 22 clients in 2022 and more than doubling over the past three years.

Northern Trust Launches Market Risk Monitor to Expand Risk Analytics Services

Northern Trust, a leading provider of asset servicing, has recently announced the release of Market Risk Monitor as an expansion of its risk analytics services. This new solution offers institutional investors key risk indicators, including stress tests, sensitivity shocks, and value-at-risk measures. The platform uses RADAR, Northern Trust’s digital dashboard for performance, risk, compliance, and ESG analytics, to provide these indicators to clients.

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Market Risk Monitor leverages Confluence Technologies’ RiskAPI product, along with a data management and processing layer, to deliver insights into the market risk profile of assets and liabilities on an absolute and relative basis. The product covers derivatives, public, and private market assets.

According to Northern Trust Capital Market’s recent report, its integrated trading solutions business has gained 22 clients in 2022 and more than doubled over the past three years. The launch of Market Risk Monitor follows this growth trend, as the product expands Northern Trust’s suite of investment analytics.

Jeffrey Greaney, product lead for accounting, analytics, and derivatives at Northern Trust, states, “Market Risk Monitor leverages leading technology and industry partnerships to provide our clients with the insights they require via their channels of choice. By integrating risk analytics into RADAR under a single ‘pane of glass,’ we provide a simplified, convenient, and consistent way for them to exercise oversight using our analytical capabilities and global consultative expertise.”

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Damian Handzy, managing director at Confluence Analytics, adds, “By leveraging RiskAPI, this new service offers clients a flexible and scalable risk management solution that provides maximum security and data confidentiality.”

Market Risk Monitor is a vendor-supported risk analytics platform that offers institutional investors the ability to monitor and manage their market risk exposure. By utilizing Northern Trust’s proprietary suite of investment analytics and Confluence Technologies’ RiskAPI product, Market Risk Monitor provides clients with a comprehensive view of their portfolio’s risk profile.

In conclusion, Northern Trust’s launch of Market Risk Monitor is a significant expansion of its risk analytics services. The platform offers institutional investors key risk indicators and leverages leading technology and industry partnerships to provide clients with insights via their channels of choice. By integrating risk analytics into RADAR under a single ‘pane of glass,’ Northern Trust provides a simplified and consistent way for clients to exercise oversight using the company’s analytical capabilities and global consultative expertise.

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