Chicago
19 April 2016
Reporter: Drew Nicol

Northern Trust to leverage AltX’s big data solution


An exclusive agreement between AltX and Northern Trust to grant the bank’s institutional clients access to AltX’s 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.

“This new data solution raises the bar for asset owners,” said Peter Cherecwich, Americas head of corporate and institutional services at Northern Trust.

“This exclusive agreement addresses our clients’ requirements for better transparency and clarity around their investments, ultimately helping them drive better business results.”

Sam Hocking, CEO of AltX, added: “Asset owners around the globe continue to seek access to more granular data in ever more meaningful ways.”

“Our 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.”

More data services news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Confluence sets its predictions for 2018
16 January 2018 | Pittsburgh | Reporter: Jenna Lomax
Confluence expects to see “eventual positive systemic change” when meeting new back-office demands
Metzler chooses Visible Alpha’s platform for MiFID II
04 January 2018 | London | Reporter: Jenna Lomax
The addition of Visible Alpha’s ONEaccess’ forward calendar, resource tracking and broker vote applications will enable Metzler to meet the compliance rules associated with MiFID II
Silverfinch and ICE team up on data solution
21 December 2017 | London | Reporter: Becky Butcher
Silverfinch has agreed to provide ICE Data Services’s clients with data on the MiFID II and PRIIPs regulations
Commcise partners with RSRCHXchange for MiFID II
14 December 2017 | London | Reporter: Jenna Lomax
The collaboration allows research consumption data to be passed from the RSRCHX platform to Commcise via an API
GoldenSource takes on data management challenge
01 December 2017 | New York | Reporter: Stephanie Palmer
GoldenSource has launched its new Nexus hosted data management solution, intended to provide a single source of market and reference data
AxiomSL and GridCon partner up on regulatory data transition
28 November 2017 | Frankfurt | Reporter: Stephanie Palmer
The partnership is intended to expand AxiomSL’s footprint in Germany, combining the platform with GridCon’s expertise in data models and German reporting requirements with the AxiomSL reporting platform
Vela launches new data hub
15 November 2017 | London | Reporter: Jenna Lomax
The new data hub will provide clients with access to multiple systematic internaliser liquidity price feeds through a single application programming interface
More data services news