Case Study: Northern Trust Corporation expands OTC derivative valuation with Numerix

Northern Trust Corporation - Customer Case Study

Northern Trust Corporation, a major global provider of asset servicing and wealth management, needed a way to deliver more independent, accurate, and transparent valuations for increasingly complex OTC derivatives. Its clients and regulators were demanding daily pricing for vanilla and bespoke instruments, along with clearer reporting and stronger support for post-trade risk and compliance needs.

NumeriX, using Numerix software and Prism Valuation Services, helped Northern Trust expand its OTC derivative valuation platform with broad cross-asset coverage and independent valuation capabilities. The solution enabled daily valuation services for thousands of positions, improved transparency through model and market-data reporting, and strengthened support for clients across multiple asset classes, including complex structured products and property swaps.

Northern Trust Corporation

Judson Baker

Senior Vice President and Product Manager for Derivatives