Northern Trust Expands Collaboration with TCS to Transform its Securities Services Offering Across 99 Markets
Posted by Sanjay347 days ago
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347 days ago
Northern Trust has signed an expanded deal with TCS to centralize and standardize its custody operations across 99 direct and global markets. TCS will deploy its comprehensive TCS BaNCS Global Securities Platform for Northern Trust, which has $17.4 trillion of assets under custody and administration as of December 31, 2024. This expansion has strengthened the existing relationship between the two organizations since 2017, with TCS powering the corporate actions and income processing for Northern Trust, a top 10 global provider of asset servicing, investment management and wealth management services.
wo organizations since 2017, with TCS powering the corporate actions and income processing for Northern Trust, a top 10 global provider of asset servicing, investment management and wealth management services.Northern Trust has signed an expanded deal with TCS to centralize and standardize its custody operations across 99 direct and global markets. TCS will deploy its comprehensive TCS BaNCS Global Securities Platform for Northern Trust, which has $17.4 trillion of assets under custody and administration as of December 31, 2024. This expansion has strengthened the existing relationship between the two organizations since 2017, with TCS powering the corporate actions and income processing for Northern Trust, a top 10 global provider of asset servicing, investment management and wealth management services.