Northern Trust Wins American Financial Technology Awards

Northern Trust (NASDAQ: NTRS) has received awards for Best Cloud Initiative and Best Analytics Initiative from Waters magazine, which celebrates exceptional financial services technology with its annual American Financial Technology Awards.

Northern Trust’s Private Cloud won the award for “Best Cloud Initiative” based on several factors, including:

• An industry leading, highly resilient, highly automated converged/hyperconverged platform
• A one-third reduction in time to develop new application environments, allowing faster delivery of tools and services to clients
• Increased scalability and consistent global footprint with a centralized support model.

Northern Trust’s Transaction Tracker, leveraging several state of the art big data technologies, won “Best Analytics Initiative” based on:

• Risk mitigation: providing the ability to identify and mitigate issues early in the transaction cycle
• Client service: significantly improving our capacity to answer client queries related to the status of their transactions
• Predictive analysis framework: offering the capability to anticipate irregular events and take preventative measures before they occur.
• Historical analytics: allowing Northern Trust to examine data from multiple systems to perform deeper analytics and business intelligence.

“Northern Trust is honored to receive these prestigious awards from Waters magazine. The awards reinforce our focus on becoming more agile, providing our clients with new applications, features and services faster,” said Scott Murray, Northern Trust Chief Technology Officer. “We see technology as a strategic enabler for our clients. Our Private Cloud solution provides increased scalability and agility for our clients, while our Transaction Tracker is able to easily track client initiated transactions across our processing systems for transparency and support.”

Waters magazine sponsors the awards to recognize innovation and leadership in financial services technology. A panel of senior financial services technology leaders and Waters’ editorial staff determine the award winners. The awards ceremony was held earlier this month in New York City. Award winners will be profiled in the January edition of the magazine.

About Northern Trust

Northern Trust Corporation (NASDAQ: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2015, Northern Trust had assets under custody of US$6 trillion, and assets under management of US$887 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures

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