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Northern Trust launches collateral risk tool

09 November 2011

New tool identifies securities used as collateral, total amounts of collateral pledged or received, types of transaction for which the collateral is used, and counterparty expsoure

Read more: Northern Trust

Northern Trust has launched Collateral Balance Reporting, a tool that allows custody clients to monitor the amount, location and status of collateral, including counterparty exposures, on a global basis.

Features include electronic capture of collateral instructions and maintenance of collateral, collateral tracking with counterparty information for...