Easy Event Reporting tool monitors exposure to multiple types of risk, including credit, liquidity, concentration, and regulatory risk

August 5, 2009

2 Min Read

PRESS RELEASE

CHICAGO, July 28 /PRNewswire-FirstCall/ -- Northern Trust announced today it has enhanced its Easy Event Reporting tool to provide clients with expanded options for monitoring exposure to multiple types of risk, including credit, liquidity, concentration and regulatory risk. Easy Event Reporting allows clients to trigger an inquiry for a specific business need and to efficiently receive comprehensive data and analytics to guide decisions.

Available through Northern Trust's multi-faceted online platform, Passport(R), the enhanced 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 -- Monitoring Regulatory Risk

"We continually work to improve the level of transparency available to our clients," said Paul d'Ouville, head of Global Product Management for Corporate & Institutional Services at Northern Trust. "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."

For example, a client may need to assess the level of financial risk if an obligation will not be paid and a loss will result. This situation is addressed quickly and efficiently through the Monitoring Credit/Counterparty Risk report, which integrates data on bond ratings and counterparty exposure.

"The intuitive nature of Easy Event Reporting matches Northern Trust solutions with business situations encountered by institutional investors, providing a daily snapshot of exposure in each portfolio," said Debra Clayton, reporting product manager for Northern Trust. "The new risk monitoring tools in Easy Event Reporting are available for all clients and investment managers on a global basis who need to watch risk exposures in their portfolios. In today's economic environment, these tools offer speed and fundamental risk exposure analysis."

Northern Trust provides a range of risk and performance services to institutional investors and investment managers, including Easy Event Reporting, Easy Answer and Security Exposure, as well as more sophisticated programs such as Northern Trust Compliance Analyst(R), a customizable, Web-based tool that helps investors monitor portfolios to ensure compliance with investment policy guidelines.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 15 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2009, Northern Trust had assets under custody of US$3.2 trillion, and assets under investment management of US$558.9 billion. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com.

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