Northern Trust and Confluence Partnership partner
June 25, 2019

Northern Trust and Confluence, a global provider of investment data management automation for regulatory, financial and investor reporting, have today announced they are partnering to deliver financial and regulatory reporting solutions for Northern Trust's European asset manager clients.

Together, the organizations say, they are leveraging data technology to streamline how financial documentation is prepared and delivered for fund disclosures – reducing time spent on manual tasks and driving efficiencies to help clients meet reporting obligations in a timely and accurate manner.

Todd Moyer, president and COO at Confluence, said: "Producing these reports can often be inefficient and time-consuming – involving highly-manual calculations and publishing processes. At the same time, the growing scope of international regulation and heightened scrutiny on the investment industry in recent years has made these tasks more complex and resource intensive."

Northern Trust is using Confluence's Unity Financial Reporting to automate the creation of statements and holdings reports. The solution automates much of the process involved to build these documents – reducing the time it typically takes to prepare first drafts, while the use of standardized templates helps ensure consistency of reporting style.

Simultaneously, Northern Trust is drawing on Confluence's Unity NXT Regulatory Reporting platform to automate the sourcing and aggregation of data for clients' regulatory reporting. Interfacing with Confluence's platform, client data held by Northern Trust is matched with international templates and rules to meet the specifications of international regulators.





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Northern Trust and Confluence, a global provider of investment data management automation for regulatory, financial and investor reporting, have today announced they are partnering to deliver financial and regulatory reporting solutions for Northern Trust's European asset manager clients.

Together, the organizations say, they are leveraging data technology to streamline how financial documentation is prepared and delivered for fund disclosures – reducing time spent on manual tasks and driving efficiencies to help clients meet reporting obligations in a timely and accurate manner.

Todd Moyer, president and COO at Confluence, said: "Producing these reports can often be inefficient and time-consuming – involving highly-manual calculations and publishing processes. At the same time, the growing scope of international regulation and heightened scrutiny on the investment industry in recent years has made these tasks more complex and resource intensive."

Northern Trust is using Confluence's Unity Financial Reporting to automate the creation of statements and holdings reports. The solution automates much of the process involved to build these documents – reducing the time it typically takes to prepare first drafts, while the use of standardized templates helps ensure consistency of reporting style.

Simultaneously, Northern Trust is drawing on Confluence's Unity NXT Regulatory Reporting platform to automate the sourcing and aggregation of data for clients' regulatory reporting. Interfacing with Confluence's platform, client data held by Northern Trust is matched with international templates and rules to meet the specifications of international regulators.



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