Market Overview

Northern Trust Drives Transparency in Private Equity Fund Administration


Leveraging FIS technology to Provide Enhanced Reporting and Analytics
for General Partners

Northern Trust (NASDAQ:NTRS) announced today it has developed enhanced
reporting and analytical tools to provide private equity managers with
greater transparency into fund operations, delivering on-demand data and
customized views of portfolio information.

The sophisticated reporting for Northern Trust private equity fund
administration clients was developed in collaboration with financial
technology solutions provider FIS and leverages FIS's Data Exchange
Reporting and Analytics (DX R&A) solution. This capability enables
on-demand reporting to answer investor and investment manager inquiries,
providing general partners with direct access to detailed and
comprehensive information on their schedule of investments, cash flows,
investor capital commitments and balances.

"We have focused heavily on deploying leading technology to drive
increased transparency in private equity investing, and this latest
enhancement is another example of how we continue to raise the bar,"
said Pete Cherecwich, president of Corporate & Institutional Services at
Northern Trust. "By incorporating the advanced FIS solution, we give
clients the data they need to make more informed decisions."

The new technology supports increasing demand from private equity
financial officers for direct and immediate access to their data –
enabling general partners to drill down into their trial balances and
the underlying transactions. Access to intuitive dashboards displaying
performance and risk metrics will soon be available.

"Northern Trust joins a growing number of firms that deploy our Data
Exchange Reporting and Analytics solution to provide a self-service
platform for their clients to view their data, run reports, and analyze
portfolio performance," said Sami Juma, Head of Alternative Solutions,
FIS. "Using our advanced solution, Northern Trust's clients can
transform data into intelligence to improve decision-making, whilst
simultaneously benefiting from an enhanced customer experience."

Northern Trust's Alternative Fund Services business provides fund
administration, accounting and data and analytical solutions to more
than 100 private equity managers across the globe. It supports diverse
and complex fund structures across multiple domiciles and jurisdictions
and has expertise in alternative investment vehicles, including private
equity, private debt, venture capital, real estate, infrastructure and
real asset investment vehicles.

About Northern Trust

Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of
wealth management, asset servicing, asset management and banking to
corporations, institutions, affluent families and individuals. Founded
in Chicago in 1889, Northern Trust has offices in the United States in
19 states and Washington, D.C., and 23 international locations in
Canada, Europe, the Middle East and the Asia-Pacific region. As of June
30, 2018, Northern Trust had assets under custody/administration of
US$10.7 trillion, and assets under management of US$1.1 trillion. For
more than 125 years, Northern Trust has earned distinction as an
industry leader for exceptional service, financial expertise, integrity
and innovation. Visit
or follow us on Twitter @NorthernTrust.

Northern Trust Corporation, Head Office: 50 South La Salle Street,
Chicago, Illinois 60603 U.S.A., incorporated with limited liability in
the U.S. Global legal and regulatory information can be found at

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