Northern Trust teams up with SCORPEO
Northern Trust has entered into an agreement with SCORPEO to use its historical corporate actions reporting service, designed to help investors realise the full value in corporate actions.
The bank’s historical corporate actions transparency report will calculate the missed value across portfolios resulting from sub-optimal corporate action elections.
Peter Cherecwich, head of Northern Trust’s global fund services business, said: “We are pleased to collaborate with SCORPEO to create this innovative reporting solution."
"It addresses our clients’ demands for greater transparency and clarity around their investments, giving them the tools to help drive better business results and capture greater value.”
