Global investment management, asset and fund administration, fiduciary and banking solutions firm Northern Trust Corp. has set up a new ad hoc query providing clients access to in-depth information. The new Holdings-Derivatives Detail query comprises new data elements adhering to the terms and conditions of over the counter (OTC) swaps, credit default swaps, options and swaptions.
Both asset managers and asset owners can avail the query using Northern Trust’s online platform Passport. The new tool seeks to introduce greater transparency in OTC derivatives instruments while enabling clients add more value to information derived from the Passport platform.
Click here for the release from Northern Trust Corp.