Northern Trust Allies with IHS Markit

Northern Trust has entered into an alliance with IHS Markit, provider of the thinkFolio multi-asset class investment management platform according to a story in MarketsMedia news. The certified integration between thinkFolio and Northern Trust’s middle office outsourcing platform will provide opportunities for both firms to offer mutual institutional clients innovative solutions and services leveraging one another’s strengths across the investment value chain. As part of the managed service delivery of thinkFolio, IHS Markit manages upgrades and real-time feeds and executes overnight data loads and start-of-day processes.  Through this collaboration with Northern Trust, thinkFolio clients leveraging the IHS Markit managed service hosted on the Amazon Web Services (AWS) cloud will benefit from a seamless technology and service experience, which is focused on multi-asset class transaction capture, enhanced position data synchronization and reconciliation.