CHICAGO--(BUSINESS WIRE)--Northern Trust has been named Client Relationship Manager of the Year for the second consecutive year in the Americas Service Provider Awards by International Custody & Fund Administration (ICFA) magazine. Northern Trust collected the same honor last year, when ICFA established the awards to highlight excellence among financial services providers within the Americas region.
“We are delighted that ICFA has recognized our client servicing model for two years in a row,” said Biff Bowman, head of Americas region for Corporate & Institutional Services. “At Northern Trust, we are committed to bringing expertise, partnership and flexibility to help our clients meet their goals. A good example of client-focused innovation in 2010, was our Investment Operations Outsourcing capabilities, which we enhanced to provide automated solutions for syndicated bank loans and other complex assets, and expanded to the Asia Pacific and Australian market, in order to help our investment manager clients expand their offerings and geographic reach.”
ICFA Editor Andrew Tjaardstra said that the awards drew nominations from service providers across 21 categories. “These awards recognize the steady growth and achievements of service providers in both North and South America, which are gaining in both assets under administration and global prominence,” Tjaardstra said. “Our judging panel is made up of senior level industry professionals, allowing for thorough peer review.”
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2011, Northern Trust had assets under custody of US$4.4 trillion, and assets under investment management of US$662.2 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com.