Northern Trust Launches APIs to Enable Real-Time Digital Connectivity for Banking Services
Northern Trust launched application programming interfaces (APIs) for its banking services, enabling Asset Servicing clients to access real-time data and payment capabilities through automated connectivity. Developed in collaboration with NAV Fund Services, the new solution supports payment instructions, intraday and end-of-day reporting, and straight-through processing to reduce manual intervention.
Key figures
- Assets under custody
- US$20.0 trillion
- Assets under management
- US$2.0 trillion
AI analysis
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