Northern Trust launches new cloud-based investor portal

Chicago-based Northern Trust Hedge Fund Services announced the launch of its next-generation investor portal aimed at alternative asset managers. The new portal experience includes updated data feeds, customized views and enriched investment data analysis capabilities, officials said. The new set of investor tools were built in partnership with fintech provider InvestCloud and marks investor demand toward digitized investment data and cloud-based platforms. “We aim to be an extension of our clients’ business and understand the significant role that technology plays in their relationships with investors,” said Jeff Boyd, chief executive officer of Northern Trust Hedge Fund Services. “With this innovative new portal, we have empowered our clients with greater agility to meet evolving investor expectations as the alternatives industry quickly becomes more complex.” One of Northern Trust’s alternative asset management clients, CarVal Investors, welcomed the new portal. CarVal has a $9 billion portfolio across corporate securities, loan portfolios, structured credit and hard assets. “Creating an industry-best investor experience is a top priority for CarVal,” said Chris Hedberg, chief financial officer of CarVal Investors. “This portal creates that experience by giving our investors more influence over their individual data consumption and interaction with our platform.” Future versions of the investor portal will also include electronic submission of capital activity and other supporting documents, as well as data visualization for tracking committed capital against funded capital for private equity managers. Will Bailey, chief strategy officer at InvestCloud, said that the digital capabilities now include 24/7 investor data access, visualization of key metrics and massive data analysis flexibility. The new portal also offers workflows with automated notifications prompting investors to share information with their investment manager when needed.

Northern Trust launches new cloud-based investor portal

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