Tech Bytes: Northern Improves Compliance Tracking

monitoring software designed to assure institutional plan sponsors that their assets under custody at Northern are being managed according to their investment policy guidelines. Electronic messages alert plan sponsors in the event of a mandate breach.

The new version, Alerts 2000, includes broadened data coverage.

Lenora Kelley, vice president and product manager for Northern's risk and performance services group, said compliance monitoring is the "cornerstone" of risk management, and the highest priority of Northern's clients. Northern has $258 billion in assets under management.

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