Front Office Solutions

4 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Nov 17, 2022 by Melanie Pickett · said 3 times in 1 episodes since 2022 · across every show →

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brought up most by Melanie Pickett (3)

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Everything said about Front Office Solutions, oldest first

Nov 17, 2022 positive
Assertion Supported
Northern Trust's Front Office Solutions reached $450B in AUA
“So we have north of four hundred and fifty billion on the platform now. We launched about three and a half years ago.”
Melanie Pickett Nov 17, 2022 ▶ 13:28 Melanie Pickett – Modern Technology in the Investment Office at Northern Trust (Capital Allocators, EP.281)
Nov 17, 2022 positive
Disclosure
Northern Trust integrates Citadel-acquired Omnium into Front Office Solutions
“We're taking two systems at Northern Trust. One, the front office solution system, which does have an incredible data model around alternatives, and combining that with the power of a system that we bought called Omnium, which we bought from Citadel.”
Melanie Pickett Nov 17, 2022 ▶ 35:06 Melanie Pickett – Modern Technology in the Investment Office at Northern Trust (Capital Allocators, EP.281)
Nov 17, 2022 bullish
Disclosure
Northern Trust's Front Office Solutions has gated annual client onboarding
“To this day, we've still never made a cold call to try to get business into front office solutions. [1565] Melanie Pickett: We've had to gate our onboardings every single year. [1568] Melanie Pickett: We've had to gate client demand because we've had so much d…”
Melanie Pickett Nov 17, 2022 ▶ 26:00 Melanie Pickett – Modern Technology in the Investment Office at Northern Trust (Capital Allocators, EP.281)
Nov 17, 2022
Disclosure
Northern Trust built middle office for $100B+ spin-out family office
“Really our second client was one of the world's largest family offices... We weren't converting off of other systems as much as trying to build the history of their book, and we did that north of a hundred billion in assets and did that for all the family memb…”
Melanie Pickett Nov 17, 2022 ▶ 18:28 Melanie Pickett – Modern Technology in the Investment Office at Northern Trust (Capital Allocators, EP.281)
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