Northern Trust has expanded its suite of asset-liability reporting solutions for pension funds allowing them to add deeper insights into their risk exposure with a cross-balance sheet view of their assets and liabilities.
Available via RiskFirst’s web-based platform PFaroe and integrated with Northern Trust’s global operating platform, the tools will enable the firm’s pension fund clients to monitor and evaluate a portfolio’s risk and performance by profiling assets and liabilities.
Northern Trust said that its risk management platform delivers operational support to include data loading, daily position maintenance and asset modeling.
It will also provide secure data storage, a flexible reporting portal and a global team of experienced investment risk consultants.
Ian Castledine, global head of investment risk and compliance product at Northern Trust, said: "Our enhanced solution adds significant granularity to our liability modelling capabilities, enabling our clients to have a far better understanding of their asset-liability position."