Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Asset Management

11:16 AM
Connect Directly

Investment Technology Briefs

Northern Trust has selected a customized version of Morningstar's online investment planning system; Rorer Asset Management recently announces its creation of Advantage Outsourcing; A new performance-analysis system has been released by Barra.

Northern Trust has selected a customized version of Morningstar's online investment planning system to support its brokerage and mutual fund operations. Morningstar Advisor Workstation will provide Northern Trust's financial advisers with tools to customize clients' financial plans, according to a press release. The firm has already implemented the workstation's research and sales modules, which includes Morningstar Quicktake Reports to examine performance, risk, underlying holdings and expense information as well as mutual-fund hypotheticals.

Rorer Asset Management, a Philadelphia-based investment-management firm, recently announced its creation of Advantage Outsourcing, a back-office outsourcing company to offer customized automated solutions for the separately managed-accounts industry. The newly developed company will provide account administration and back-office-workflow solutions to Rorer and other investment firms specializing in separately managed accounts. The system is powered by OnBase, an integrated document-management system by Hyland Software.

A new performance-analysis system has been released by Barra, a risk-technology vendor based in California. According to a press release, the system, Enterprise Performance, delivers investment-performance-attribution analysis for multi-asset-class portfolios based on daily data. In addition, the solution provides reporting that complies with industry standards including Global Investment Performance Standards.

Geneos Wealth Management has selected StatementOne's consolidated portfolio-accounting and performance-reporting solution to add to its technology infrastructure. According to a press release, the partnership will provide back-office technology to wealth-management advisers.

Register for Wall Street & Technology Newsletters
Top Quotes of the Week
Top Quotes of the Week
It wasn't all bad luck for the capital markets this week: Hedge funds had a decent first quarter despite a slowdown in jobs numbers, BlackRock might be heading into new territory as hedge fund managers take a hard look at their counterparties, and the head of the IMF didn't pull any punches when assessing today's global economy. At least we can admire the nice weather and some of the best quotes of the week.