Northern Trust has launched a new multi-faceted web portal to include fund accounting data and enhanced self-service reporting for fund managers.
Called Passport, the online fund accounting and reporting tool will provide managers a single point of access for all their fund detail.
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Available via desktop or tablet, the tool will allow managers to customize reports to best suit their needs.
The tool, which includes 2,000 data elements, will offer managers access to analytics with drill-down functionality as well as the ability to link data elements within reports.
The solution features greater depth and breadth of investment instrument coverage, enhanced ability to filter and sort data by consolidations, accounts and dates, flexible, customizable reporting, enhanced report delivery including tablets as well as export functionality in numerous output formats.
Northern Trust head of global fund services Pete Cherecwich said: "With the introduction of these new capabilities, we have improved our clients’ access to the critical information they need."
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