Northern Trust chooses Broadridge Global Class Action Services
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Northern Trust chooses Broadridge Global Class Action Services 17 October 2025 US Reporter: Tahlia Kraefft
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Northern Trust is extending its global asset recovery capabilities by using Broadridge Financial Solution’s proprietary global class action technology, allowing clients to optimise claim recoveries and enhance engagement in settlement processes.
Features of the new service include expanded coverage for more than 35 markets, and backing of opt-in markets, where claimants can choose to partake in litigation before the suit is settled.
Improved reporting will allow clients increased detail over the lifecycle of their class action cases, including upcoming filing deadlines, case summary and claim detail reports, and thorough listings of all claim distributions.
Investors will have wider access to global asset recovery opportunities as new laws are progressed, including assistance with investments in countries with opt-in class action systems.
The asset recovery solution will also offer increased transparency and operational agility.
Kevin Blair, global head of Securities Services at Northern Trust, remarks: “Expanding our collaboration with Broadridge reflects our dedication to integrating cutting-edge technology and market insights to help elevate client outcomes and drive forward-looking growth.”
Steve Cirami, senior vice president, general manager of US Proxy, Corporate Actions and Global Class Actions at Broadridge, adds: “With the rising complexity and volume of securities class actions, financial institutions must seize every opportunity to protect and recover assets through best-in-class stewardship practices.
“Broadridge’s Global Class Action Services equips firms like Northern Trust with tools to increase recoveries, streamline settlement participation and bolster operational performance.”
Northern Trust’s implementation occurs when the global class action landscape is fast growing with over 35 jurisdictions now backing collective redress mechanisms for shareholders.
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