Thomson Reuters has launched a benchmarking product to help custodian banks with performance measurement analytics, and Northern Trust has signed up as the first service provider to adopt the indices for its institutional fund servicing clients.

“We recognize the significant challenges to banks and institutional investors in the current environment and believe that our new offering will allow custodians to provide options with more flexibility to their customers while maintaining the same level of quality as comparable products,” stated Steven Carroll, head of indices at Thomson Reuters.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.